Premises and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises and Equipment

Premises and Equipment

Premises and equipment at December 31, 2023 and 2022 consisted of the following:

($ in thousands)	Estimated Useful Lives	2023		2022
Land		$	52,443	45,363
Buildings	15 to 40 years	127,985		114,884
Furniture and equipment	5 to 10 years	35,214		31,920
Vehicles	3 years	2,384		1,227
Leasehold improvements	5 to 39 years	1,644		1,644
Total cost		219,670		195,038
Less accumulated depreciation and amortization		(68,713)		(60,851)
Total premises and equipment		$	150,957	134,187

Depreciation expense amounted to $7.8 million, $6.9 million, and $6.2 million for the years ended December 31, 2023, 2022, and 2021, respectively, and is recorded in occupancy expense.