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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Lease, Cost
Information related to the Company's leases is presented below:
September 30,December 31,
Classification20202019
Right-of-use assets - operatingOperating lease right-of-use assets$52,410$32,539
Right-of-use assets - financeOther assets1,616— 
Lease liabilities - operatingOperating lease liabilities56,705$35,525
Lease liabilities - finance Borrowings1,619
Weighted average remaining lease term (in years) - operating12.414.1
Weighted average remaining lease term (in years) - finance14.60.0
Weighted average discount rate - operating2.66 %3.44 %
Weighted average discount rate - finance1.76 %— %
The components of lease expense included in 'Occupancy and equipment expense' were as follows:
Three Months EndedNine Months Ended
September 30,September 30,
2020 2019 2020 2019 
Operating lease cost(1)
$1,663 $1,260 $4,341 $3,875 
Short-term lease cost95 81 261 239 
Variable lease cost78 146 376 580 
Total lease cost$1,836 $1,487 $4,978 $4,694 
(1) Includes amortization of favorable lease intangible.
Lessee, Operating Lease, Liability, Maturity
A maturity analysis of operating lease liabilities and a reconciliation of undiscounted cash flows to the total operating lease liability is as follows:
September 30,
2020 
Lease payments due:
September 30, 2021$7,928 
September 30, 20227,196 
September 30, 20236,572 
September 30, 20246,046 
September 30, 20255,298 
Thereafter35,242 
     Total undiscounted future minimum lease payments68,282 
Discount on cash flows(11,577)
     Total lease liability$56,705