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Premises and Equipment
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Premises and Equipment PREMISES AND EQUIPMENT
The composition of premises and equipment was as follows:
December 31,
(dollars in thousands)20202019
Land$72,600 $79,569 
Buildings373,660 380,925 
Furniture, fixtures, and equipment110,735 112,654 
Leasehold improvements44,734 44,136 
Total601,729 617,284 
Accumulated depreciation(137,321)(126,359)
Premises and equipment, net$464,408 $490,925 
Depreciation expense was $28.9 million in 2020, $26.7 million in 2019, and $23.8 million in 2018.
Finance Leases
Old National leases certain banking center buildings under finance leases that are included in premises and equipment.  See Notes 6 and 13 to the consolidated financial statements for detail regarding these leases.