Premises and Equipment

12 Months Ended

Dec. 31, 2015

Premises and Equipment

Premises and Equipment

6. Premises and Equipment

At December 31, 2015 and 2014, premises and equipment were comprised of the following:

	December 31,
(dollars in thousands)	2015		2014
Buildings	$	277,133	$	273,700
Furniture and equipment		74,965		61,318
Land		89,164		88,696
Leasehold improvements		48,969		56,222
Total premises and equipment		490,231		479,936
Less: Accumulated depreciation and amortization		185,127		172,476
Net carrying value	$	305,104	$	307,460

Depreciation and amortization expenses included in occupancy and equipment expenses for 2015 and 2014 were as follows:

	Year Ended December 31,
(dollars in thousands)	2015		2014
Occupancy	$	9,039	$	8,540
Equipment		5,507		4,584
Total	$	14,546	$	13,124

The Company, as a lessor, leases certain properties that it owns. The cost and accumulated depreciation related to leased properties were $290.2 million and $115.5 million, respectively, as of December 31, 2015, and $286.1 million and $107.6 million, respectively, as of December 31, 2014.