Leases (Tables)

9 Months Ended

Sep. 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 September 30, 2022 and December 31, 2021, respectively:

	As of
	September 30, 2022	December 31, 2021
Weighted average remaining lease term (in years)	6.96	7.38
Weighted average discount rate	6.67%	6.89%

The following table presents operating lease costs recognized for the three and nine months ended September 30, 2022 and September 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 September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Operating lease costs:
Real estate leases - Right-of-use lease asset amortization	$	6,450	$	6,053	$	18,796	$	18,171
Real estate leases - Interest expense	3,258		3,523		9,881		10,726
Equipment leases - Right-of-use lease asset amortization	422		453		1,246		1,343
Equipment leases - Interest expense	41		34		108		110

Schedule of Maturities of Lease Liabilities

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

(Expressed in thousands)
	As of
	September 30, 2022		December 31, 2021
2022	$	10,716	$	41,696
2023	41,964		38,477
2024	37,630		33,573
2025	31,542		27,703
2026	29,672		26,342
After 2026	86,261		78,593
Total lease payments	$	237,785	$	246,384
Less interest	(48,487)		(54,365)
Present value of lease liabilities	$	189,298	$	192,019