XML 31 R15.htm IDEA: XBRL DOCUMENT

PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises and equipment are summarized as follows:


	December 31,
(dollars in thousands)	2023		2022
Land	$	69,478	$	69,387
Buildings and leasehold improvements	174,562		176,153
Furniture and equipment	89,756		85,217
Construction in progress	3,997		2,343
Premises and equipment, gross	337,793		333,100
Accumulated depreciation	(121,358)		(112,817)
Premises and equipment, net	$	216,435	$	220,283

Depreciation expense was approximately $19.1 million, $18.4 million and $17.2 million for the years ended December 31, 2023, 2022 and 2021, respectively.

At December 31, 2023, estimated costs to complete construction projects in progress and other binding commitments for capital expenditures were not a material amount.