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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases  
Schedule of maturity analysis of lease liabilities

 

 

 

 

 

 

 

Three Months Ended

(Dollars in thousands)

 

March 31,

 

    

2019

Lease Expense Components:

 

 

 

 

Operating lease expense

 

$

2,146

 

Short-term lease expense

 

 

144

 

Variable lease expense

 

 

69

 

Total lease expense

 

$

2,359

 

Supplemental Cash Flow Information Related to Leases:

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities - operating leases

 

$

1,890

 

Initial ROU assets recorded in exchange for new lease liabilities at January 1, 2019 - operating leases

 

$

82,160

 

ROU assets obtained in exchange for new lease liabilities during first quarter 2019- operating leases

 

$

1,956

 

Weighted - average remaining lease term (years) - operating leases

 

 

14.33

 

Weighted - average discount rate - operating leases

 

 

4.0%

 

Supplemental Balance Sheet Information Related to Leases

 

 

 

 

Operating lease ROU assets (premises and equipment)

 

$

82,787

 

Operating lease liabilities (other liabilities)

 

$

83,043

 

 

 

 

 

 

Maturity Analysis of Lease Liabilities:

 

 

 

 

Year Ending December 31,

 

 

 

 

2019 (excluding the three months ended March 31, 2019)

 

$

5,820

 

2020

 

 

7,866

 

2021

 

 

7,939

 

2022

 

 

7,937

 

2023

 

 

7,890

 

Thereafter

 

 

73,186

 

Total

 

$

110,638

 

Less: Imputed Interest

 

 

(27,595)

 

Lease Liability

 

$

83,043