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PREMISES, EQUIPMENT, AND LEASES (Tables)
12 Months Ended
Dec. 31, 2020
Premises Equipment And Leases [Abstract]  
Components of Premises and Equipment

Premises and equipment consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Land

 

$

42,323

 

 

$

42,987

 

Buildings and leasehold improvements

 

 

351,957

 

 

 

358,291

 

Equipment

 

 

176,018

 

 

 

164,029

 

Software

 

 

264,251

 

 

 

238,315

 

Total

 

 

834,549

 

 

 

803,622

 

Accumulated depreciation

 

 

(341,379

)

 

 

(330,677

)

Accumulated amortization

 

 

(200,075

)

 

 

(172,611

)

Premises and equipment, net

 

$

293,095

 

 

$

300,334

 

Summary of Future Minimum Lease Payments

As of December 31, 2020, future minimum lease payments under non-cancelable operating leases were as follows (in thousands):

 

2021

 

$

12,725

 

2022

 

 

11,647

 

2023

 

 

9,796

 

2024

 

 

8,715

 

2025

 

 

7,806

 

Thereafter

 

 

30,457

 

Total lease payments

 

 

81,146

 

Less: Interest

 

 

9,466

 

Present value of lease liabilities

 

$

71,680