Operating Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Summary of Right-of-Use Assets Recognized as Component of Premises and Equipment and Lease Liabilities Recognized as Component of Accrued Interest and Other Liabilities in Consolidated Balance Sheet

As of March 31, 2019, the Company reported right-of-use assets recognized as a component of “premises and equipment” and lease liabilities recognized as a component of “accrued interest and other liabilities” in the consolidated balance sheet, as follows:

	March 31, 2019
	(In thousands)
Right-of-use assets	$	392,847
Lease liabilities		419,958

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.

	Three Months Ended
	March 31, 2019
	(Dollars in thousands)
Lease cost
Operating lease cost	$	24,639
Short-term lease cost	34
Variable lease cost	466
Sublease income		(1,917	)
Total net lease cost	$	23,222
Other information
Right-of-use assets obtained in exchange for new operating     lease liabilities	$	20,410
Cash paid toward lease liabilities		25,656
Weighted-average remaining lease term	7 years
Weighted-average discount rate		3.2	%

Summary of Minimum Lease Payments Under Noncancelable Operating Leases

Minimum lease payments under noncancelable operating leases are summarized in the following table.  These minimum lease payments are not materially different from those reported in the 2018 Annual Report.

	(In thousands)
Twelve-month period ending March 31:
2020	$	93,460
2021		87,025
2022		71,369
2023		58,847
2024		41,034
Later years		111,683
Total lease payments	$	463,418
Less: imputed interest		43,460
Total	$	419,958