Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Lessee, Operating Lease, Disclosure

The following table presents balances and assumptions utilized in determining the right to use asset and lease liability for operating leases as of June 30, 2019:

	June 30, 2019
Weighted-average remaining lease terms (in years)	7.85
Weighted-average discount rate	3.1	%

Lease, Cost

The components of net operating lease cost were as follows:

	Three Months Ended June 30,			Six Months Ended June 30,
(Dollars in thousands)	2019			2019
Operating lease cost	$	2,050		3,964
Variable lease cost(1)	247			454
Sublease income	(56		)	(111		)
Total lease cost(2)	$	2,241		$	4,307

⁽¹⁾  Represents non-lease components such as common area maintenance, taxes, insurance and utilities.

⁽²⁾ 

Included within "Occupancy" expense in the Consolidated Statements of Income.

Lessee, Operating Lease, Liability, Maturity

Maturities of operating lease liability due under these lease arrangements as of June 30, 2019 are as follows:

(Dollars in thousands)	Operating Leases
Remainder of 2019	$	4,081
2020	7,490
2021	7,083
2022	6,149
2023	5,017
Thereafter	17,041
Total	$	46,861
Less: Present value discount	5,458
Lease liability	$	41,403

Operating Lease, Lease Income

The components of operating lease income were as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
(Dollars in thousands)	2019		2019
Lease income - operating leases	$	169	363
Total lease income(1)	$	169	$	363

⁽¹⁾ 

Included within "Other" noninterest income in the Consolidated Statements of Income.