PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

NOTE 7 — PREMISES AND EQUIPMENT

Premises and equipment are summarized as follows (in thousands):

	At December 31,
	2022		2021
Furniture and Equipment	$	14,451	$	13,032
Land, buildings and improvements		13,479		—
Leasehold Improvements		20,595		16,266
Total Premises and Equipment		48,525		29,298
Less accumulated depreciation and amortization		(16,656)		(14,182)
Total Premises and Equipment, net	$	31,869	$	15,116

Depreciation and amortization expense amounted to $2.5 million, $2.4 million and $2.5 million for the years ended December 31, 2022, 2021 and 2020, respectively.