Operating Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Summary of Supplemental Information Pertaining To Operating Leases and Lease Expense

The following tables present supplemental information pertaining to operating leases at and for the years ended December 31, 2021 and 2020.

		Year ended December 31,
(dollars in thousands)		2021				2020
Cash paid for amounts included in the measurement of lease liabilities for    operating leases	$		17,591		$		16,617
Right of use assets obtained in exchange for lease liabilities			141				4,799
		December 31,
		2021				2020
Weighted average remaining lease term (in years)			12.56				12.90
Weighted average discount rate			3.37	%			3.44	%

The following table sets forth the components of the Company’s lease expense for the years ended December 31, 2021 and 2020.

		Years ended December 31,
(in thousands)		2021		2020
Operating lease expense	$	17,757	$	18,994
Short-term lease expense		135		165
Variable lease expense		105		97
Sublease income		(320)		(138)
Total	$	17,677	$	19,118

Summary Maturities of Lease Liabilities and Present Value Discount

The following table sets forth the maturities of the Company’s lease liabilities and the present value discount at December 31, 2021.

(dollars in thousands)
2022	$	16,726
2023		15,318
2024		13,071
2025		12,480
2026		11,365
Thereafter		84,929
Total	$	153,889
Present value discount		(31,810)
Lease liability	$	122,079