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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
The maturities of operating leases are included in the table below.

(in thousands)Operating Leases
2022$6,009 
20235,348 
20243,969 
20252,507 
20261,768 
After 202613,727 
Total lease payments$33,328 
Less: Interest(1)
6,133 
Present value of lease liabilities$27,195 
        (1) Calculated using the interest rate for each lease.
Lease, Cost [Table Text Block]
The following table presents the average lease term and discount rate of operating leases.

December 31, 2021December 31, 2020
Weighted-average remaining lease term11.1 years11.3 years
Weighted-average discount rate3.05 %3.29 %
Schedule of Supplemental Cash Flow Information Related to Operating Leases [Table Text Block]
Supplemental cash flow information related to operating leases is included in the table below.

For the Year Ended December 31
(in thousands)20212020
Operating cash paid toward lease liabilities$6,180 6,213 
Leased assets obtained in exchange for new lease liabilities$4,407 7,482 
Components of Lease Income [Table Text Block]
The following table provides the components of lease income.

For the Year Ended December 31
(in thousands)20212020
Direct financing and sales-type leases22,736 25,380 
Operating leases(1)
7,488 8,589 
Total lease income$30,224 $33,969 
(1) Includes rent from Tower Properties, a related party, of $76 thousand for the years ended December 31, 2021 and 2020.
Net Investment in Sales-type and Direct Financing Leases [Table Text Block]
The following table presents the components of the net investments in direct financing and sales-type leases.

(in thousands)December 31, 2021December 31, 2020
Lease payment receivable$655,885 $729,649 
Unguaranteed residual assets66,638 64,211 
Total net investments in direct financing and sales-type leases$722,523 $793,860 
Deferred origination cost3,035 3,581 
Total net investment included within business loans$725,558 $797,441 
Schedule of Maturity of Lease Receivables [Table Text Block]
The maturities of lease receivables are included in the table below.

(in thousands)Direct Financing and Sale-Type LeasesOperating LeasesTotal
2022$220,268 $8,085 $228,353 
2023148,968 7,945 156,913 
2024114,483 7,158 121,641 
202581,255 5,849 87,104 
202655,950 5,010 60,960 
After 202682,390 18,507 100,897 
Total lease receipts703,314 $52,554 $755,868 
Less: Net present value adjustment47,429 
Present value of lease receipts$655,885