PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

Premises and equipment are summarized as follows:

	December 31,
(dollars in thousands)	2022		2021
Land	$	69,387	$	69,038
Buildings and leasehold improvements	176,153		173,456
Furniture and equipment	85,217		82,268
Construction in progress	2,343		995
Premises and equipment, gross	333,100		325,757
Accumulated depreciation	(112,817)		(100,357)
Premises and equipment, net	$	220,283	$	225,400

Depreciation expense was approximately $18.4 million, $17.2 million and $15.8 million for the years ended December 31, 2022, 2021 and 2020, respectively.

At December 31, 2022, estimated costs to complete construction projects in progress and other binding commitments for capital expenditures were not a material amount.