Premises and Equipment

12 Months Ended

Dec. 31, 2018

(13) Premises and Equipment

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


	2018		2017
Furniture, fixtures and equipment	$	145,615	$	149,366
Leasehold improvements		43,643		45,543
		189,258		194,909
Less: accumulated depreciation and amortization		141,203		140,949
Total	$	48,055	$	53,960

Depreciation and amortization expense relating to premises and equipment amounted to $17.5 million, $18.3 million and $16.5 million during the years ended December 31, 2018, 2017 and 2016, respectively, and are included in occupancy and equipment expense in the Consolidated Statements of Operations. During 2018, premises and equipment costs and related accumulated depreciation and amortization were reduced by $14.3 million for assets that are no longer in use. During 2018, the Company also wrote off leasehold assets of $1.4 million, net of accumulated depreciation, related to the reduction of office space in Los Angeles.