Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Schedule of Lease Cost

The following table presents the weighted average lease term and weighted average discount rate for the Company's operating leases as of June 30, 2022 and December 31, 2021, respectively:

	As of
	June 30, 2022	December 31, 2021
Weighted average remaining lease term (in years)	7.06	7.38
Weighted average discount rate	6.81%	6.89%

The following table presents operating lease costs recognized for the three and six months ended June 30, 2022 and June 30, 2021, respectively, which are included in occupancy and equipment costs on the condensed consolidated income statements:    

(Expressed in thousands)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
Operating lease costs:
Real estate leases - Right-of-use lease asset amortization	$	6,189	$	6,062	$	12,346	$	12,118
Real estate leases - Interest expense	3,267		3,607		6,623		7,203
Equipment leases - Right-of-use lease asset amortization	410		445		824		890
Equipment leases - Interest expense	35		37		67		76

Schedule of Maturities of Lease Liabilities

The maturities of lease liabilities as of June 30, 2022 and December 31, 2021 are as follows:    

(Expressed in thousands)
	As of
	June 30, 2022		December 31, 2021
2022	$	21,196	$	41,696
2023	40,578		38,477
2024	35,700		33,573
2025	29,902		27,703
2026	28,368		26,342
After 2026	81,723		78,593
Total lease payments	$	237,467	$	246,384
Less interest	(49,936)		(54,365)
Present value of lease liabilities	$	187,531	$	192,019