Premises and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Premises and Equipment

PREMISES AND EQUIPMENT

Premises and equipment and related accumulated depreciation are as follows:

December 31,	2022		2021
Land	$	86.7	$	52.0
Buildings and improvements	469.2		346.8
Furniture and equipment	111.0		97.0
Total premises and equipment	666.9		495.8
Less accumulated depreciation	(222.2)		(196.2)
Premises and equipment, net	$	444.7	$	299.6

Depreciation expense was $35.1 million, $28.0 million, and $25.8 million for the years ended December 31, 2022, 2021, and 2020, respectively.

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