XML 27 R14.htm IDEA: XBRL DOCUMENT v3.22.4
Premises and Equipment
12 Months Ended
Dec. 31, 2022
Property Plant And Equipment [Abstract]  
Premises and Equipment

Note 6.  Premises and Equipment

The components of the Company’s premises and equipment as of December 31, 2022, and December 31, 2021, were as follows:

 

(dollars in thousands)

 

Cost

 

 

Accumulated

Depreciation and

Amortization

 

 

Net Book Value

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Premises

 

$

380,978

 

 

$

(233,744

)

 

$

147,234

 

Equipment

 

 

141,923

 

 

 

(84,540

)

 

 

57,383

 

Finance Leases

 

 

6,593

 

 

 

(4,433

)

 

 

2,160

 

Total

 

$

529,494

 

 

$

(322,717

)

 

$

206,777

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Premises

 

$

366,205

 

 

$

(226,515

)

 

$

139,690

 

Equipment

 

 

145,120

 

 

 

(87,649

)

 

 

57,471

 

Finance Leases

 

 

6,593

 

 

 

(4,361

)

 

 

2,232

 

Total

 

$

517,918

 

 

$

(318,525

)

 

$

199,393

 

 

Depreciation and amortization (including finance lease amortization) included in noninterest expense was $21.4 million, $21.1 million, and $20.2 million for the years ended December 31, 2022, December 31, 2021, and December 31, 2020, respectively.

There was no impairment of the Company’s premises and equipment for the years ended December 31, 2022 and December 31, 2021. The Company recorded a $1.6 million impairment of the Company’s premises and equipment for the year ended December 31, 2020, related to the decision to permanently close twelve branches and reduce the number of cash-only ATMs.