Operating Lease Right-of-Use Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Undiscounted Future Minimum Leases Payments and a Reconciliation to the Amount Recorded as Operating Leases

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities at December 31, 2019 were as follows:

(In thousands)
2020	$	32,819
2021	24,635
2022	19,707
2023	16,943
2024	15,332
Thereafter	43,958
Total undiscounted future minimum operating lease payments	153,394
Discount	(15,001		)
Total operating lease liabilities	$	138,393

Components of Total Lease Cost for Operating Leases

The weighted-average discount rate and remaining lease term for operating leases was as follows:

	At December 31, 2019
Weighted-average discount rate	2.67	%
Weighted-average remaining lease term (years)	6.8 years

The components of total lease cost for operating leases, included in occupancy and equipment noninterest expense, were as follows:

(In thousands)	Year Ended December 31, 2019
Lease expense	$	39,724
Short-term and variable lease cost	732
Sublease income	(1,716		)
Total lease cost for operating leases	$	38,740

Supplemental cash flow information related to operating leases was as follows:

(In thousands)	Year Ended December 31, 2019
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	$	131,305
Cash paid for amounts included in the measurement of lease liabilities - operating	33,231