Premises and equipment (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Summary of Premises and Equipment

The detail of premises and equipment was as follows:

	December 31
	2022		2021
	(In thousands)
Land	$	148,905	$	93,862
Buildings		653,983		512,988
Leasehold improvements		386,303		304,825
Furniture and equipment — owned		1,004,127		880,153
Furniture and equipment — capital leases		115		115
		2,193,433		1,791,943
Less: accumulated depreciation and amortization
Owned assets		1,155,811		1,026,842
Capital leases		76		38
		1,155,887		1,026,880
Right of use assets — operating leases		616,082		379,702
Premises and equipment, net	$	1,653,628	$	1,144,765

Summary of Lease Costs for Operating Leases, Cash Paid Toward Lease Liabilities, and Weighted-Average Remaining Term and Discount Rates of Operating Leases

The following table presents information about the Company’s lease costs for operating leases recorded in the consolidated balance sheet, cash paid toward lease liabilities, and the weighted-average remaining term and discount rates of the operating leases.

	Year Ended December 31,
	2022			2021			2020
Lease cost
Operating lease cost	$	138,836		$	101,353		$	104,158
Short-term lease cost		8,269			111			198
Variable lease cost		3,743			4,103			1,565
Total lease cost	$	150,848		$	105,567		$	105,921
Other information
Right-of-use assets:
Obtained in exchange for       new operating lease liabilities	$	137,998		$	57,760		$	70,754
Acquired in business combination		226,037			—			—
Cash paid toward lease liabilities		143,029			106,586			104,396
Weighted-average remaining lease term	7 years			6 years			7 years
Weighted-average discount rate		2.97	%		2.51	%		2.74	%

Summary of Minimum Lease Payments Under Noncancelable Operating Leases

Minimum lease payments under noncancelable operating leases are summarized in the following table.

	(In thousands)
Year ending December 31:
2023	$	149,061
2024		139,820
2025		118,110
2026		97,979
2027		75,220
Later years		212,036
Total lease payments		792,226
Less: imputed interest		83,025
Total	$	709,201