PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

Premises and equipment are summarized as follows:

	December 31,
(dollars in thousands)	2019		2018
Land	$	74,868	$	49,518
Buildings and leasehold improvements	167,837		110,623
Furniture and equipment	69,108		53,425
Construction in progress	2,282		3,312
Premises and equipment, gross	314,095		216,878
Accumulated depreciation	(80,993)		(71,468)
Premises and equipment, net	$	233,102	$	145,410

Depreciation expense was approximately $13.1 million, $10.0 million, and $9.2 million for the years ended December 31, 2019, 2018 and 2017, respectively.

At December 31, 2019, estimated costs to complete construction projects in progress and other binding commitments for capital expenditures were not a material amount.