XML 35 R16.htm IDEA: XBRL DOCUMENT

Leases

12 Months Ended

Dec. 31, 2021

Note 7 - Leases

The Company leases certain real estate, as well as certain equipment, under non-cancelable operating leases that expire at various dates through 2038.

The balance sheet details and components of the Company's lease expense were as follows:


(Dollars in thousands)	December 31, 2021			December 31, 2020
Operating lease right of use assets (included in Accrued interest receivable and other assets)	$	23,732		$	21,667
Operating lease liabilities (included in Accrued expenses and other liabilities)	25,691			23,445
Finance lease liabilities (included in Accrued expenses and other liabilities)	2,852			3,148

Weighted average remaining lease term (years) - operating leases	9.47			9.22
Weighted average discount rate - operating leases	2.89		%	3.44		%


	Years Ended
(Dollars in thousands)	December 31, 2021		December 31, 2020		December 31, 2019
Lease expense:
Operating lease expense	$	4,553	$	4,680	$	4,716
Other lease expense	369		265		245
Total lease expense	$	4,922	$	4,945	$	4,961
Right of use assets obtained in exchange for new operating lease liabilities	$	5,776	$	1,338	$	1,256

Maturities of operating lease liabilities at December 31, 2021, were as follows:


	December 31, 2021
Year 1	$	5,035
Year 2	4,530
Year 3	3,336
Year 4	2,666
Year 5	2,385
Year 6 and thereafter	11,820
Total lease payments	29,772
Less: Imputed interest	4,081
Total lease obligations	$	25,691

Supplemental cash flow related to leases was as follows:


	Year Ended
	December 31, 2021		December 31, 2020
Cash paid for operating leases	$	4,890	$	4,791