Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases

Schedule of supplemental balance sheet information

Supplemental balance sheet information related to finance leases is as follows (in thousands).

	June 30,			December 31,
	2022			2021
Finance leases:
Premises and equipment	$	7,780	$	7,780
Accumulated depreciation		(5,653)		(5,358)
Premises and equipment, net	$	2,127	$	2,422

Schedule of components of lease costs

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Operating lease cost	$	9,352	$	9,746	$	18,958	$	19,403
Less operating lease and sublease income		(561)		(342)		(1,130)		(681)
Net operating lease cost	$	8,791	$	9,404	$	17,828	$	18,722
Finance lease cost:
Amortization of ROU assets	$	147	$	147	$	295	$	295
Interest on lease liabilities		121		132		245		266
Total finance lease cost	$	268	$	279	$	540	$	561

Schedule of supplemental cash flow information

Supplemental cash flow information related to leases is as follows (in thousands).

	Six Months Ended June 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	18,713	$	19,162
Operating cash flows from finance leases		247		266
Financing cash flows from finance leases		372		336
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	8,266	$	28,935
Finance leases		—		—

Schedule of lease terms and discount rates

Information regarding the lease terms and discount rates of the Company’s leases is as follows.

	June 30, 2022			December 31, 2021
	Weighted Average			Weighted Average
	Remaining Lease	Weighted Average		Remaining Lease	Weighted Average
Lease Classification	Term (Years)	Discount Rate		Term (Years)	Discount Rate
Operating	5.7	3.84	%	5.9	3.89	%
Finance	4.3	4.87	%	4.8	4.84	%

Schedule of future minimum lease payments under operating leases

Future minimum lease payments under lease agreements as of June 30, 2022, are presented below (in thousands).

	Operating Leases		Finance Leases
2022	$	9,838	$	622
2023		32,725		1,280
2024		24,373		1,163
2025		17,811		886
2026		14,400		813
Thereafter		39,980		598
Total minimum lease payments		139,127		5,362
Less amount representing interest		(14,721)		(1,566)
Lease liabilities	$	124,406	$	3,796

Schedule of future minimum lease payments under finance leases

	Operating Leases		Finance Leases
2022	$	9,838	$	622
2023		32,725		1,280
2024		24,373		1,163
2025		17,811		886
2026		14,400		813
Thereafter		39,980		598
Total minimum lease payments		139,127		5,362
Less amount representing interest		(14,721)		(1,566)
Lease liabilities	$	124,406	$	3,796