Premises and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

9. PREMISES AND EQUIPMENT

The following table shows the components of premises and equipment, at cost, summarized by major classifications:

	December 31,
(Dollars in thousands)	2019		2018
Land	$	20,209	$	2,758
Buildings	34,637		6,179
Leasehold improvements	62,523		49,704
Furniture and equipment	64,445		49,035
	181,814		107,676
Less: Accumulated depreciation	77,349		62,720
	$	104,465	$	44,956

We recognized depreciation expense of $15.0 million, $8.3 million and $8.6 million for the years ended December 31, 2019, 2018 and 2017, respectively.