Premises, Furniture, and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Premises, Furniture, and Equipment

PREMISES, FURNITURE, AND EQUIPMENT

The following table summarizes the Company's premises, furniture, and equipment by category.

Premises, Furniture, and Equipment

(Dollar amounts in thousands)

	As of December 31,
	2020		2019
Land	$	29,723	$	30,807
Premises	131,594		132,427
Furniture and equipment	137,452		137,349
Total cost	298,769		300,583
Accumulated depreciation	(170,446)		(159,411)
Net book value of premises, furniture, and equipment	128,323		141,172
Assets held-for-sale	3,722		6,824
Premises, furniture, and equipment, net	$	132,045	$	147,996

As of December 31, 2020 and 2019, assets held-for-sale consisted of former branches that are no longer in operation and parcels of land previously purchased for expansion.

Depreciation on premises, furniture, and equipment totaled $16.5 million in 2020, $16.4 million in 2019, and $15.9 million in 2018.