Premises Equipment and Software

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Premises Equipment and Software

Note 4 - Premises, Equipment and Software

Premises, equipment and software at December 31, 2022 and 2021 consist of the following:

(in thousands)	2022		2021
Land	$	92,125	$	104,768
Buildings and improvements	303,934		361,593
Leasehold improvements	89,619		55,098
Furniture, equipment and software	422,495		441,091
Construction in progress	17,528		18,918
Total premises, equipment and software	925,701		981,468
Less: Accumulated depreciation and amortization	(555,069)		(574,227)
Net premises, equipment and software	$	370,632	$	407,241

Net premises, equipment, and software included $1.4 million and $2.2 million related to net finance leases at December 31, 2022 and 2021, respectively. Depreciation and amortization expense for the years ended December 31, 2022, 2021, and 2020 totaled $42.1 million, $50.5 million, and $51.6 million, respectively.

During the years ended December 31, 2022 and 2021, Synovus transferred premises with a net book value of $24.2 million and $33.4 million, including $17.6 million of real estate related to our headquarters in Columbus, respectively, to other properties held for sale, a component of other assets.