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Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense he following table presents the components of lease expense, which is included in net occupancy expense on the consolidated statements of income:
Three months ended September 30Nine months ended September 30
2024202320242023
(dollars in thousands)
Operating lease expense$8,822 $4,755 $21,519 $14,347 
Variable lease expense826 887 2,306 2,444 
Sublease income(300)(289)(883)(829)
Total lease expense$9,348 $5,353 $22,942 $15,962 
Schedule of Supplemental Lease Information
Supplemental consolidated balance sheet information related to leases was as follows:
Operating LeasesBalance Sheet ClassificationSeptember 30, 2024December 31, 2023
(dollars in thousands)
ROU assetsOther assets$135,747 $88,188 
Lease liabilitiesOther liabilities$145,349 $95,230 
Weighted average remaining lease term9.21 years6.5 years
Weighted average discount rate5.34 %3.34 %
Supplemental cash flow information related to operating leases was as follows:
Three months ended September 30Nine months ended September 30
2024202320242023
(dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities$6,153 $6,354 $17,425 $16,124 
ROU assets obtained in exchange for lease obligations11,891 10,447 64,884 19,465 
Schedule of Lease Payment Obligations For Each of the Next Five Years
YearOperating Leases
Remaining in 2024$6,845 
202525,113 
202623,833 
202721,568 
202818,344 
Thereafter95,341 
Total lease payments191,044 
Less: imputed interest(45,695)
Present value of lease liabilities$145,349