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PREMISES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2019
PREMISES AND EQUIPMENT  
Summary of the cost and accumulated depreciation of premises and equipment

 

 

 

 

 

 

 

 

December 31, (in thousands)

    

2019

    

2018

 

 

 

 

 

 

 

 

 

Land

 

$

3,818

 

$

4,185

 

Buildings and improvements

 

 

33,819

 

 

35,264

 

Furniture, fixtures and equipment

 

 

48,782

 

 

43,245

 

Leasehold improvements

 

 

20,649

 

 

19,638

 

Construction in progress

 

 

2,232

 

 

 —

 

Total premises and equipment

 

 

109,300

 

 

102,332

 

Less: Accumulated depreciation and amortization

 

 

63,940

 

 

59,206

 

Premises and equipment, net

 

$

45,360

 

$

43,126

 

 

Schedule of depreciation expense related to premises and equipment

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,  (in thousands)

    

2019

    

2018

    

2017

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation expense

 

$

9,230

 

$

9,347

 

$

8,472