Operating Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Schedule of right-of-use asset and operating lease liability

The following table presents the balances of United’s right-of-use asset and operating lease liability for the periods indicated (in thousands).

	Balance Sheet Location	September 30, 2020		December 31, 2019
Right-of-use asset	Other assets	$	32,180	$	19,894
Operating lease liability	Other liabilities	33,968		22,039

Schedule of operating lease income and expense and other supplemental information

The table below presents the operating lease income and expense recognized for the periods indicated (in thousands).

		Three Months Ended September 30,				Nine Months Ended September 30,
	Income Statement Location	2020		2019		2020		2019
Operating lease cost	Occupancy expense	$	1,947	$	1,272	$	4,500	$	3,783
Variable lease cost	Occupancy expense	264		112		493		336
Short-term lease cost	Occupancy expense	27		52		80		92
Total lease cost		$	2,238	$	1,436	$	5,073	$	4,211
Sublease income and rental income from owned properties under operating leases	Other noninterest income	$	263	$	261	$	792	$	886

Schedule of future minimum lease payments under operating leases

As of September 30, 2020, future minimum lease payments under operating leases were as follows (in thousands):

Year
Remainder of 2020	$	1,365
2021	8,057
2022	7,493
2023	6,793
2024	3,295
Thereafter	8,746
Total	35,749
Less discount	(1,781)
Present value of lease liability	$	33,968