Leases (Tables)

6 Months Ended

Jun. 30, 2020

The components of lease expense were as follows:


	Affected Line Item in the	Three Months Ended June 30,						Six Months Ended June 30,
(dollars in thousands)	Statement of Income	2020		2019		2020		2019
Operating lease cost	occupancy/equipment expense	$	6,646	$	4,291	$	15,827	$	8,693
Finance lease cost:
Amortization of right-of-use assets	occupancy expense	256		160		423		318
Interest on lease liabilities	interest expense	91		80		169		161
Short-term lease cost	occupancy expense	1		1		1		2
Sub-lease income	occupancy expense	(121)		(181)		(249)		(360)
Total		$	6,873	$	4,351	$	16,171	$	8,814

Supplemental balance sheet information related to leases was as follows:


(dollars in thousands)	June 30, 2020			December 31, 2019
Operating Leases
Operating lease right-of-use assets	$	80,400		$	95,477
Operating lease liabilities	91,845			99,500

Finance Leases
Premises and equipment, net	11,973			7,170
Other borrowings	12,310			7,406

Weighted-Average Remaining Lease Term (in Years)
Operating leases	10.6			10.6
Finance leases	10.7			11.3

Weighted-Average Discount Rate
Operating leases	3.42		%	3.45		%
Finance leases	3.44		%	4.43		%

Supplemental cash flow information related to leases was as follows:


	Six Months Ended June 30,
(dollars in thousands)	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	8,283	$	8,843
Operating cash flows from finance leases	169		161
Financing cash flows from finance leases	322		224

The following table presents a maturity analysis of the Company’s lease liability by lease classification at June 30, 2020:


(dollars in thousands)	Operating Leases		Finance Leases
2020	$	7,849	$	692
2021	14,916		1,394
2022	13,712		1,412
2023	9,093		1,438
2024	7,917		1,444
Thereafter	56,991		8,443
Total undiscounted lease payments	110,478		14,823
Amounts representing interest	(18,633)		(2,513)
Lease liability	$	91,845	$	12,310

The following table presents a maturity analysis of the Company’s tenant leases at June 30, 2020:


(dollars in thousands)	Tenant Leases
2020	$	1,248
2021	2,354
2022	1,952
2023	1,536
2024	1,409
Thereafter	2,520
Total undiscounted lease payments	$	11,019