Premises and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Premises and Equipment

Premises and Equipment

The following table summarizes the components of premises and equipment:

	At December 31,
(In thousands)	2021		2020
Land	$	9,436	$	9,436
Buildings and improvements	67,501		70,195
Leasehold improvements	65,606		71,332
Fixtures and equipment	64,890		73,730
Data processing and software	105,516		270,780
Property and equipment	312,949		495,473
Less: Accumulated depreciation and amortization	(228,318)		(396,211)
Property and equipment, net	84,631		99,262
ROU lease assets, net	119,926		127,481
Premises and equipment, net	$	204,557	$	226,743

Depreciation and amortization of property and equipment was $31.4 million, $32.5 million, and $33.7 million for the years ended December 31, 2021, 2020, and 2019, respectively, and is included in occupancy and technology and equipment expense on the accompanying Consolidated Statements of Income.

Additional information regarding ROU lease assets can be found within Note 8: Leasing.

The following table summarizes activity in assets held for disposition:

	Years ended December 31,
(In thousands)	2021		2020
Beginning balance	$	2,654	$	—
Transfers (to) from property and equipment	(38)		2,654
Sales	(2,126)		—
Ending balance	$	490	$	2,654

There was no significant activity in assets held for disposition during 2019. Assets held for disposition is included in accrued interest receivable and other assets on the accompanying Consolidated Balance Sheets.