Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property and equipment is carried at cost, less accumulated depreciation and amortization. Depreciation and amortization is computed on a straight-line basis over the estimated useful lives of the assets, as illustrated in the following table. If shorter, leasehold improvements are amortized over the terms of the respective leases.

	Minimum		Maximum
Building and improvements	5	-	40	years
Leasehold improvements	5	-	20	years
Furniture, fixtures, and equipment	5	-	10	years
Data processing equipment and software	3	-	7	years

The following table summarizes the components of premises and equipment:

	At December 31,
(In thousands)	2022		2021
Land	$	73,916	$	9,436
Buildings and improvements	106,180		67,501
Leasehold improvements	84,477		65,606
Furniture, fixtures, and equipment	71,542		64,890
Data processing equipment and software	128,153		105,516
Property and equipment	464,268		312,949
Less: Accumulated depreciation and amortization	(225,152)		(228,318)
Property and equipment, net	239,116		84,631
ROU lease assets, net	191,068		119,926
Premises and equipment, net	$	430,184	$	204,557

Disclosure of Long Lived Assets Held-for-sale

The following table summarizes the activity in assets held for disposition:

	Years ended December 31,
(In thousands)	2022		2021		2020
Balance, beginning of period	$	490	$	2,654	$	—
Transfers from (to) property and equipment	4,800		(38)		2,654
Write-downs	(190)		—		—
Sales	(300)		(2,126)		—
Balance, end of period	$	4,800	$	490	$	2,654