Banking Premises and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Banking Premises and Equipment

Banking Premises and Equipment

A summary of banking premises and equipment at December 31, 2019 and 2018 is as follows (in thousands):

	2019		2018
Land	$	12,440	12,440
Banking premises	59,708		58,351
Furniture, fixtures and equipment	45,660		44,602
Leasehold improvements	35,749		35,106
Construction in progress	3,270		1,563
	156,827		152,062
Less accumulated depreciation and amortization	101,617		93,938
Total banking premises and equipment	$	55,210	58,124

Depreciation expense for the years ended December 31, 2019, 2018 and 2017 amounted to $7.7 million, $8.0 million and $9.0 million, respectively.