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Premises and Equipment
12 Months Ended
Dec. 31, 2015
Premises and Equipment  
Premises and Equipment

 

(11) Premises and Equipment

        The following is a summary of premises and equipment at December 31 (dollars in thousands):

                                                                                                                                                                                    

 

 

2015

 

2014

 

Furniture, fixtures and equipment

 

$

154,202 

 

$

152,885 

 

Leasehold improvements

 

 

46,910 

 

 

49,951 

 

​  

​  

​  

​  

 

 

 

201,112 

 

 

202,836 

 

Less: accumulated depreciation and amortization

 

 

145,616 

 

 

142,530 

 

​  

​  

​  

​  

Total

 

$

55,496 

 

$

60,306 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

        Depreciation and amortization expense relating to premises and equipment amounted to $16.3 million, $19.2 million and $21.0 million during the years ended December 31, 2015, 2014 and 2013, respectively, and are included in occupancy and equipment expense in the Consolidated Statements of Operations. During 2015, premises and equipment costs and related accumulated depreciation and amortization were reduced by $4.0 million and $2.8 million, respectively, for assets that are no longer in use.