Premises and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Premises and Equipment

PREMISES AND EQUIPMENT

Premises and equipment and related accumulated depreciation are as follows:

December 31,	2024		2023
Land	$	87.2	$	87.7
Buildings and improvements	473.7		474.2
Furniture and equipment	112.2		111.6
Total premises and equipment	673.1		673.5
Less accumulated depreciation	(245.9)		(229.2)
Premises and equipment, net	$	427.2	$	444.3

Depreciation expense was $38.8 million, $34.3 million, and $35.1 million for the years ended December 31, 2024, 2023, and 2022, respectively.

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