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Leasing (Tables) | 3 Months Ended
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Mar. 31, 2019
Leases [Abstract] |
Supplemental Lease Information | Operating lease amounts included in the Consolidated Statement of Condition are as follows:
(in thousands) |  |  | March 31, 2019
Assets | Classification |  |
ROU assets | Other assets | $ | 35,041 |
Liabilities |  |  |
Current lease liabilities | Other liabilities | $ | 3,392 |
Non-current lease liabilities | Other liabilities |  | 33,884 |
Total lease liabilities |  | $ | 37,276 |
Other information related to operating leases was as follows:
(in thousands) |  | Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |
Operating cash flows from operating leases | $ | 1,159 |
Weighted-average remaining lease term on operating leases |  | 14.12 years |
Weighted-average discount rates on operating leases |  | 3.53 | %
Components of Operating Lease Expense | Other information related to operating leases was as follows:
(in thousands) |  | Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |
Operating cash flows from operating leases | $ | 1,159 |
Weighted-average remaining lease term on operating leases |  | 14.12 years |
Weighted-average discount rates on operating leases |  | 3.53 | %
The components of operating lease expense, primarily included in “Net occupancy expense of premises,” were as follows:
(in thousands) |  | Three Months Ended March 31, 2019
Lease Costs |  |
Operating lease cost | $ | 1,142 |
Variable lease cost |  | 96 |
Short-term lease cost |  | 0 |
Sublease income |  | (8 | )
Total lease cost | $ | 1,230 |
Schedule of Operating Lease Liability Maturities | Future minimum lease payments under operating leases were as follows:
(in thousands) |  | Operating Leases
Nine Months 2019 | $ | 3,483 |
2020 |  | 4,314 |
2021 |  | 3,978 |
2022 |  | 3,933 |
2023 |  | 3,688 |
2024 and subsequent years |  | 29,332 |
Total lease payments | $ | 48,728 |
Less: Interest |  | (11,452 | )
Present value of lease liabilities | $ | 37,276 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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