Quarter ended June 30,

Six months ended June 30,

2020

2019

2020

2019

(dollars in thousands)

Lease expense:

Operating leases

$

4,034

$

3,232

$

7,966

$

6,461

Short-term leases

224

214

480

431

Sublease income

—

(27)

—

(59)

Net lease expense included in Occupancy and equipment

$

4,258

$

3,419

$

8,446

$

6,833

Other information:

Cash payments for operating leases

$

4,354

$

3,884

$

8,794

$

7,730

Operating lease right-of-use assets recognized:

Upon adoption Accounting Standards Update 2016-02, Leases (Topic 842)

$

—

$

—

$

—

$

58,598

New leases

4,964

87

6,498

115

$

4,964

$

87

$

6,498

$

58,713

Period end weighted averages:

Remaining lease term (in years)

6.6

6.4

Discount rate

4.2%

4.6%