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Operating Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Operating Leases Operating Leases
The following table presents the balances of the ROU asset and corresponding operating lease liability and supplemental lease information as of the dates indicated (in thousands).
December 31,
20222021
ROU asset$40,003 $29,421 
Operating lease liability41,688 31,072 
Weighted average remaining lease term5.1 years5.4 years
Weighted average discount rate1.8 %1.6 %

During 2022, ROU assets obtained in exchange for an increase in the lease liability totaled $23.9 million, including leases assumed as part of the Reliant transaction of $14.3 million. During 2022, cash payments for amounts related to the lease liability totaled $13.2 million. During 2021, ROU assets obtained in exchange for an increase in the lease liability totaled $4.49 million, including leases assumed as part of the FinTrust and Aquesta transactions of $2.87 million. During 2020, ROU assets obtained in exchange for an increase in the lease liability totaled $17.4 million, including leases assumed as part of the Three Shores transaction of $15.1 million.
The table below presents the operating lease income and expense recognized for the periods indicated (in thousands).

202220212020
Operating lease cost$12,161 $8,186 $6,449 
Variable lease cost1,583 1,066 757 
Short-term lease cost169 85 100 
Total lease cost$13,913 $9,337 $7,306 
Sublease income and rental income from owned properties under operating leases$1,372 $976 $1,022 

As of December 31, 2022, future minimum lease payments under operating leases were as follows (in thousands):
Year
2023$11,716 
20248,660 
20256,490 
20265,665 
20274,791 
Thereafter6,397 
Total43,719 
Less discount(2,031)
Present value of lease liability$41,688