Leases (Tables)

6 Months Ended

Jun. 30, 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:

	June 30, 2019
	Operating Leases		Balance Sheet Location
	(dollars in thousands)
Right-of-use asset	$	35,604	Other assets
Lease liability	$	36,982	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 June 30,			Six Months Ended June 30,
	2019			2019
	(dollars in thousands)
Operating lease cost	$	1,321		$	2,501
Short-term lease cost		—			—
Variable lease cost (Cost excluded from lease payments)		—			—
Sublease income		(16	)		(32	)
Total Operating Lease Cost	$	1,305		$	2,469
Other Information
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from operating leases	$	1,231		$	2,308
Operating Lease - Operating Cash Flows (Liability reduction)		937			1,744
Right-of-use assets obtained in exchange for new operating lease liabilities		4,656			4,656
Weighted average lease term - operating Leases	8.56 Years			8.56 Years
Weighted average discount Rate - operating leases		3.38	%		3.38	%

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

The total minimum rentals due in future periods under these agreements in effect at June 30, 2019 and December 31, 2018 were as follows:

	Future Minimum
June 30, 2019	Lease Payments
	(dollars in thousands)
Remainder of 2019		5,426
2020		5,527
2021		5,428
2022		5,181
2023		4,864
Thereafter		16,380
Total minimum lease payments		42,806
Less: interest		(5,824	)
Total lease liability	$	36,982

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