Premises and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises and Equipment

PREMISES AND EQUIPMENT

Premises and equipment and related accumulated depreciation are as follows:

December 31,	2023		2022
Land	$	87.7	$	86.7
Buildings and improvements	474.2		469.2
Furniture and equipment	111.6		111.0
Total premises and equipment	673.5		666.9
Less accumulated depreciation	(229.2)		(222.2)
Premises and equipment, net	$	444.3	$	444.7

Depreciation expense was $34.3 million, $35.1 million, and $28.0 million for the years ended December 31, 2023, 2022, and 2021, respectively.

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