Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Summary of Right-of-Use Asset and Net Lease Liability

The following table summarizes information related to the Company’s right-of-use asset and net lease liability:

	March 31, 2019
	Operating Leases		Balance Sheet Location
	(dollars in thousands)
Right-of-use asset	$	31,975	Other assets
Net lease liability	$	33,263	Other liabilities

Summary of Components of Operating Lease Cost and Other Related Information

The components of operating lease cost and other related information are as follows:

	Three Months Ended March 31,
	2019
	(dollars in thousands)
Operating lease cost	$	1,188
Short-term lease cost		—
Variable lease cost (Cost excluded from lease payments)		—
Sublease income		(16	)
Total Operating Lease Cost	$	1,172
Other Information
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from operating leases	$	1,084
Operating Lease - Operating Cash Flows (Liability reduction)		814
Right-of-use assets obtained in exchange for new operating lease liabilities		32,909
Weighted average lease term - operating leases	8.89 Years
Weighted average discount Rate - operating leases	3.36%

Schedule of Total Minimum Rentals Due in Future Periods under Lease Agreements

The total minimum lease payments due in future periods for lease agreements in effect at March 31, 2019 and December 31, 2018 were as follows:

Quarter Ended	Future Minimum
March 31,	Lease Payments
	(dollars in thousands)
Remainder of 2019		3,369
2020		4,659
2021		4,660
2022		4,551
2023		4,452
Thereafter		17,117
Total minimum lease payments	$	38,808

Year Ended	Future Minimum
December 31,	Lease Payments
	(dollars in thousands)
2019		4,448
2020		4,661
2021		4,662
2022		4,553
2023		4,455
Thereafter		17,128
Total minimum lease payments	$	39,907