Leases (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2022 and December 31, 2021, respectively:

	As of
	December 31, 2022	December 31, 2021
Weighted average remaining lease term (in years)	6.82	7.38
Weighted average discount rate	6.66%	6.89%

The following table presents operating lease costs recognized for the years ended December 31, 2022 and December 31, 2021, respectively, which are included in occupancy and equipment costs on the consolidated income statements:

                                                                                        

(Expressed in thousands)
	For the Year Ended December 31, 2022		For the Year Ended December 31, 2021
Operating lease costs:
Real estate leases - Right-of-use lease asset amortization	$	25,128	$	24,343
Real estate leases - Interest expense	12,996		14,139
Equipment leases - Right-of-use lease asset amortization	1,672		1,784
Equipment leases - Interest expense	152		142

Schedule of Maturities of Lease Liabilities

The maturities of lease liabilities as of December 31, 2022 are as follows:

(Expressed in thousands)
	As of December 31, 2022
2023	$	42,343
2024	38,018
2025	31,684
2026	29,671
2027	28,178
After 2027	58,146
Total lease payments	$	228,040
Less interest	(45,470)
Present value of lease liabilities	$	182,570