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Leases
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Leases Leases
The Company leases certain land, premises and equipment from third parties. Effective January 1, 2019, ROU assets for operating and finance leases are included in net premises and equipment and lease liabilities are included in other liabilities and other borrowed funds, respectively, on the Company’s statements of financial condition. The following table summarizes the Company’s leases:

September 30, 2019
(Dollars in thousands)Finance
Leases
Operating
Leases
ROU assets$951  
Accumulated depreciation(864) 
Net ROU assets$87  41,698  
Lease liabilities$121  44,047  
Weighted-average remaining lease term2 years18 years
Weighted-average discount rate5.3 %3.7 %
Maturities of lease liabilities consist of the following:
September 30, 2019
(Dollars in thousands)Finance
Leases
Operating
Leases
Maturing within one year$23  3,852  
Maturing one year through two years92  3,666  
Maturing two years through three years 3,438  
Maturing three years through four years 3,142  
Maturing four years through five years—  3,128  
Thereafter—  46,088  
Total lease payments125  63,314  
Present value of lease payments
Short-term22  2,296  
Long-term99  41,751  
Total present value of lease payments121  44,047  
Difference between lease payments and present value of lease payments$ 19,267  

The components of lease expense consist of the following:
Three Months endedNine Months ended
(Dollars in thousands)September 30,
2019
September 30,
2019
Finance lease cost
Amortization of ROU assets$16  48  
Interest on lease liabilities  
Operating lease cost1,057  2,967  
Short-term lease cost102  330  
Variable lease cost236  657  
Sublease income(2) (5) 
Total lease expense$1,411  4,003  

Supplemental cash flow information related to leases is as follows:
Three Months endedNine Months ended
September 30, 2019September 30, 2019
(Dollars in thousands)Finance
Leases
Operating
Leases
Finance
Leases
Operating
Leases
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows$ 565   1,541  
Financing cash flows21  N/A  63  N/A  
The Company also leases office space to third parties through operating leases. Rent income from these leases for the three and nine months ended September 30, 2019 was not significant.