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Premises and Equipment, Net
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Premises and Equipment, Net Premises and Equipment, Net
Premises and equipment, net of accumulated depreciation and amortization expense at December 31, 2022 and 2021 are summarized as follows (in thousands):
December 31,
20222021
Land$15,916 $18,774 
Buildings and improvements131,837 94,573 
Leasehold improvements6,647 8,460 
Furniture and equipment34,692 30,314 
Capitalized software7,588 6,989 
Finance lease3,189 2,386 
Other (1)
2,559 38,057 
Total202,428 199,553 
Accumulated depreciation and amortization(75,723)(73,725)
Total premises and equipment, net$126,705 $125,828 
(1) 2021 included assets under construction of $36.2 million related to the expansion of the Company’s headquarters in Toms River, New Jersey, which was completed in 2022. In 2022, the Company’s headquarters in Toms River was classified within buildings and improvements.
Depreciation and amortization expense for the years ended December 31, 2022, 2021, and 2020 amounted to $11.5 million, $9.4 million, and $8.5 million, respectively. Depreciation and amortization expense is presented within occupancy, equipment, and data processing expenses of the Consolidated Statement of Income.