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Premises and Equipment
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Premises and Equipment Premises and Equipment
The major categories of premises and equipment and accumulated depreciation are summarized as follows:
 
December 31 (In thousands)20192018
Land$23,520  $20,062  
Buildings92,857  79,706  
Equipment, furniture and fixtures74,298  65,659  
Leasehold improvements5,386  4,791  
Total$196,061  $170,218  
Less accumulated depreciation(122,739) (110,447) 
Premises and equipment, net$73,322  $59,771  
 
Depreciation expense amounted to $9.1 million, $8.6 million and $8.6 million for the years ended December 31, 2019, 2018 and 2017, respectively.
  
Park records leased assets where Park acts as the lessor within "Other assets" on the Consolidated Balance Sheets. Equipment subject to lease agreements at December 31, 2019 and 2018 is summarized below:


December 31 (In thousands)20192018
Equipment$9,277  $1,566  
Less accumulated depreciation(3,911) (1,325) 
Leased assets, net$5,366  $241  

Depreciation expense on operating lease assets of $1.3 million, $26,000, $62,000 was recorded for the years ended December 31, 2019, 2018 and 2017, respectively.