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Premises and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Premises and Equipment
PREMISES AND EQUIPMENT

Premises and equipment and related accumulated depreciation are as follows:
December 31,
2019
 
2018
Land
$
50.8

 
$
49.9

Buildings and improvements
330.1

 
268.1

Furniture and equipment
94.2

 
104.0

Total premises and equipment
475.1

 
422.0

Less accumulated depreciation
(169.1
)
 
(176.8
)
Premises and equipment, net
$
306.0

 
$
245.2



Depreciation expense was $23.3 million, $16.2 million, and $14.8 million for the years ended December 31, 2019, 2018, and 2017, respectively.

The Parent Company and a FIB branch office lease premises from an affiliated entity. See Note 18—Commitments and Contingencies.