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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Information Related to Company's Leases and Lease Expense
Information related to the Company's leases is presented below as of December 31, 2022 and 2021:
December 31,
Classification20222021
Right-of-use assets:
Operating leasesOperating lease right-of-use assets$60,043$41,686
Finance leasesPremises and equipment, net1,3671,487
Total right-of-use assets$61,410$43,173
Lease liabilities:
Operating leasesOperating lease liabilities$69,754$46,367
Finance leasesBorrowings 1,4201,518
Total lease liabilities $71,174$47,885
Weighted average remaining lease term (in years) -
    operating
12.112.4
Weighted average remaining lease term (in years) -
    finance
12.413.4
Weighted average discount rate - operating3.08 %2.73 %
Weighted average discount rate - finance1.76 %1.76 %
The components of total lease expense included in the consolidated statements of income were as follows:
Years Ended December 31,
Classification2022 2021 2020
Operating lease costs:
Amortization of right-of-use assetOccupancy and equipment$8,441 $7,636 $6,228 
Short-term lease costOccupancy and equipment526 427 456 
Variable lease costOccupancy and equipment1,078 1,003 602 
Lease impairment (1)364 — 2,142 
Gain on lease modifications and terminationsOccupancy and equipment(18)(805)— 
Finance lease costs:
Interest on lease liabilitiesInterest expense on borrowings28 25 11 
Amortization of right-of-use assetOccupancy and equipment120 101 43 
Sub-lease income Occupancy and equipment(993)(573)(346)
Total lease cost$9,546 $7,814 $9,136 
(1) Operating lease impairment is included in "Mortgage restructuring expense" and "Merger costs" within the Company's consolidated statements of income for the years ended December 31, 2022 and 2020, respectively.
Schedule of Maturity Analysis of Operating Lease Liabilities
A maturity analysis of operating and finance lease liabilities and a reconciliation of undiscounted cash flows to the total lease liability as of December 31, 2022 is as follows:
OperatingFinance
Leases Lease
Lease payments due:
December 31, 2023$8,085 $118 
December 31, 20248,210 120 
December 31, 20257,909 121 
December 31, 20267,724 123 
December 31, 20277,340 125 
Thereafter46,503 977 
     Total undiscounted future minimum lease payments85,771 1,584 
Less: imputed interest(16,017)(164)
     Lease liability$69,754 $1,420 
Schedule of Maturity of Finance Lease Liabilities
A maturity analysis of operating and finance lease liabilities and a reconciliation of undiscounted cash flows to the total lease liability as of December 31, 2022 is as follows:
OperatingFinance
Leases Lease
Lease payments due:
December 31, 2023$8,085 $118 
December 31, 20248,210 120 
December 31, 20257,909 121 
December 31, 20267,724 123 
December 31, 20277,340 125 
Thereafter46,503 977 
     Total undiscounted future minimum lease payments85,771 1,584 
Less: imputed interest(16,017)(164)
     Lease liability$69,754 $1,420