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Bank Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Summary of Bank Premises and Equipment

The following is a summary of bank premises and equipment (in thousands):

 

 

 

Useful Life

 

 

December 31,

 

 

 

 

 

 

2023

 

 

2022

 

Land

 

 

 

 

$

39,481

 

 

$

38,703

 

Buildings

 

20 to 40 years

 

 

 

167,450

 

 

 

164,371

 

Furniture and equipment

 

3 to 10 years

 

 

 

62,644

 

 

 

62,715

 

Leasehold improvements

 

Lesser of lease term
or
5 to 15 years

 

 

 

2,936

 

 

 

2,949

 

 

 

 

 

 

272,511

 

 

 

268,738

 

Less: accumulated depreciation and amortization

 

 

 

 

 

(120,723

)

 

 

(115,765

)

Total bank premises and equipment

 

 

 

 

$

151,788

 

 

$

152,973