Premises and equipment (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment

Premises and equipment

Premises and equipment are stated at cost less accumulated depreciation and amortization as follows:

(In thousands)

Useful life in years

2024

2023

Premises and equipment:

Land

$

89,519

$

90,275

Buildings

10

-

50

497,631

487,053

Equipment

2

-

10

365,716

421,513

Leasehold improvements

3

-

10

96,521

90,333

959,868

998,899

 Less - Accumulated depreciation and amortization

606,187

605,178

Subtotal

353,681

393,721

Construction in progress

158,587

81,288

Premises and equipment, net

$

601,787

$

565,284