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Premises and Equipment
12 Months Ended
Dec. 31, 2018
Premises and Equipment  
Premises and Equipment

6. Premises and Equipment

 

At December 31, 2018 and 2017, premises and equipment were comprised of the following:

 

 

 

 

 

 

 

 

 

 

December 31, 

(dollars in thousands)

    

2018

    

2017

Buildings

 

$

280,853

 

$

279,635

Furniture and equipment

 

 

81,342

 

 

80,519

Land

 

 

105,302

 

 

88,031

Leasehold improvements

 

 

55,316

 

 

46,996

Total premises and equipment

 

 

522,813

 

 

495,181

Less: Accumulated depreciation and amortization

 

 

217,817

 

 

205,966

Net book value

 

$

304,996

 

$

289,215

 

Depreciation and amortization expenses included in occupancy and equipment expenses for 2018,  2017 and 2016 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

(dollars in thousands)

  

2018

  

2017

  

2016

 

Occupancy

 

$

8,815

 

$

8,852

 

$

8,901

 

Equipment

 

 

6,488

 

 

6,426

 

 

5,898

 

Total

 

$

15,303

 

$

15,278

 

$

14,799

 

 

The Company, as a lessor, leases certain properties that it owns. The cost and accumulated depreciation related to leased properties were $289.2 million and $133.7 million, respectively, as of December 31, 2018 and $289.0 million and $126.0 million, respectively, as of December 31, 2017.