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Premises and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Premises and Equipment
Premises and Equipment

Premises and equipment are summarized as follows as of the dates indicated (in thousands)
 
 
December 31,
 
 
 
2018
 
2017
 
 
Land and land improvements
$
78,066

 
$
80,335

 
 
Buildings and improvements
153,980

 
148,048

 
 
Furniture and equipment
93,854

 
82,775

 
 
Construction in progress
5,350

 
11,714

 
 
 
331,250

 
322,872

 
 
Less accumulated depreciation
(125,110
)
 
(114,020
)
 
 
Premises and equipment, net
$
206,140

 
$
208,852

 

 
Depreciation expense was $14.2 million, $12.0 million and $11.5 million for 2018, 2017 and 2016, respectively.
 
United leases certain branch properties and equipment under operating leases. Rent expense was $4.70 million, $4.32 million and $4.13 million for 2018, 2017 and 2016, respectively. United does not have any capital leases. As of December 31, 2018, rent commitments under operating leases, before considering renewal options that generally are present, were as follows (in thousands):
 
2019
$
5,352

 
 
2020
5,158

 
 
2021
4,907

 
 
2022
4,483

 
 
2023
3,907

 
 
Thereafter
5,037

 
 
Total
$
28,844