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Premises and Equipment
12 Months Ended
Dec. 31, 2016
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):

 

 

 

 

 

 

 

 

 

    

2016

    

2015

 

Furniture, fixtures and equipment

 

$

157,770

 

$

154,202

 

Leasehold improvements

 

 

52,440

 

 

46,910

 

 

 

 

210,210

 

 

201,112

 

Less: accumulated depreciation and amortization

 

 

150,877

 

 

145,616

 

Total

 

$

59,333

 

$

55,496

 

 

Depreciation and amortization expense relating to premises and equipment amounted to $16.5 million, $16.3 million and $19.2 million during the years ended December 31, 2016, 2015 and 2014, respectively, and are included in occupancy and equipment expense in the Consolidated Statements of Operations. During 2016, premises and equipment costs and related accumulated depreciation and amortization were reduced by $10.2 million and $9.8 million, respectively, for assets that are no longer in use.