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Premises and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Schedule of Property, Plant and Equipment | Depreciation and amortization is computed on a straight-line basis over the estimated useful lives of the assets, as illustrated in the following table. If shorter, leasehold improvements are amortized over the terms of the respective leases.
| Minimum |  | Maximum |
Building and improvements | 5 | - | 40 | years
Leasehold improvements | 5 | - | 20 | years
Furniture, fixtures, and equipment | 5 | - | 10 | years
Data processing equipment and software | 3 | - | 7 | years
The following table summarizes the components of premises and equipment:
| At December 31,
(In thousands) | 2024 |  | 2023
Land | $ | 73,442 |  |  | $ | 73,916 |
Buildings and improvements | 102,062 |  |  | 107,794 |
Leasehold improvements | 74,288 |  |  | 88,065 |
Furniture, fixtures, and equipment | 64,651 |  |  | 68,680 |
Data processing equipment and software | 103,811 |  |  | 94,030 |
Property and equipment | 418,254 |  |  | 432,485 |
Less: Accumulated depreciation and amortization | (175,118) |  |  | (186,365) |
Property and equipment, net | 243,136 |  |  | 246,120 |
ROU lease assets, net | 163,827 |  |  | 183,441 |
Premises and equipment, net | $ | 406,963 |  |  | $ | 429,561 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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