Premises and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Premises and Equipment

PREMISES AND EQUIPMENT

Premises and equipment and related accumulated depreciation are as follows:

December 31,	2020		2019
Land	$	52.9	$	50.8
Buildings and improvements	349.5		330.1
Furniture and equipment	88.9		94.2
Total premises and equipment	491.3		475.1
Less accumulated depreciation	(179.0)		(169.1)
Premises and equipment, net	$	312.3	$	306.0

Depreciation expense was $25.8 million, $23.3 million, and $16.2 million for the years ended December 31, 2020, 2019, and 2018, respectively.

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