Premises, Equipment and Leases

12 Months Ended

Dec. 31, 2019

Property Plant And Equipment [Abstract]

Premises, Equipment and Leases

Note 8. Premises, Equipment and Leases

Components of Premises and Equipment

Components of premises and equipment and total accumulated depreciation at December 31, 2019 and 2018 are as follows:

	2019			2018
Buildings	$	54,671		$	31,880
Land improvements		5,180			3,592
Furniture and equipment		17,878			10,878
Computers and software		5,134			665
Leasehold improvements		8,078			7,757
Land		8,650			8,650
Transportation		60,947			30,867
Solar panels		164,295			159,161
Deposits on fixed assets		596			36,180
Premises and equipment, total		325,429			289,630
Less accumulated depreciation		(46,330	)		(27,106	)
Premises and equipment, net of depreciation	$	279,099		$	262,524

Deposits on fixed assets at December 31, 2019 consist primarily of construction costs related to building reconfiguration at the Company’s headquarters, campus signage and tradeshow equipment.   The decrease in deposits on fixed assets and the increases in the fixed asset categories for premises, equipment and transportation from December 31, 2018 to 2019 is primarily related to the completion of the Company’s third building and fitness facility at its headquarters campus and new airplane purchase.  Depreciation expense for the years ended December 31, 2019, 2018 and 2017 amounted to $19.3 million, $16.0 million and $9.6 million, respectively.