XML 27 R35.htm IDEA: XBRL DOCUMENT v3.19.3
Leasing (Tables)
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Schedule of operating lease amounts included in consolidated statement of condition and other information related to operating leases
Operating lease amounts included in the Consolidated Statement of Condition are as follows:
(In thousands)
 
September 30, 2019
Assets
Classification
 
ROU assets
Other assets
$
33,755

 
 
 
Liabilities
 
 
Current lease liabilities
Other liabilities
3,319

Non-current lease liabilities
Other liabilities
32,873

Total lease liabilities
 
$
36,192


Other information related to operating leases was as follows:
(In thousands)
Nine Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$3,501
Weighted-average remaining lease term on operating leases
14.04

Weighted-average discount rates on operating leases
3.53
%
ROU assets obtained in exchange for lease liabilities
$38,925
Schedule of components of operating lease expense
The components of operating lease expense, primarily included in “Net occupancy expense of premises,” were as follows:
(In thousands)
Three Months Ended
September 30, 2019
Lease Costs
 
Operating lease cost
$
1,207

Variable lease cost
144

Short-term lease cost
0

Sublease income
(9
)
Total lease cost
$
1,342


(In thousands)
Nine Months Ended September 30, 2019
Lease Costs
 
Operating lease cost
$
3,522

Variable lease cost
334

Short-term lease cost
1

Sublease income
(26
)
Total lease cost
$
3,831
Schedule of future minimum lease payments
Future minimum lease payments under operating leases were as follows:
(In thousands)
Operating Leases
Three Months 2019
$
1,169

2020
4,365

2021
4,014

2022
3,971

2023
3,724

2024 and subsequent years
30,001

Total lease payments
$
47,244

Less: Interest
(11,052
)
Present value of lease liabilities
$
36,192