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Premises and Equipment
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Premises and Equipment PREMISES AND EQUIPMENT
The composition of premises and equipment was as follows:
(dollars in thousands)September 30,
2021
December 31,
2020
Land$71,414 $72,600 
Buildings393,418 373,660 
Furniture, fixtures, and equipment114,632 110,735 
Leasehold improvements46,638 44,734 
Total626,102 601,729 
Accumulated depreciation(150,066)(137,321)
Premises and equipment, net$476,036 $464,408 
Depreciation expense was $6.5 million for the three months ended September 30, 2021 and $20.6 million for the nine months ended September 30, 2021, compared to $6.8 million for the three months ended September 30, 2020 and $21.8 million for the nine months ended September 30, 2020.
Finance Leases
Old National leases certain banking center buildings and equipment under finance leases that are included in premises and equipment.  See Notes 9 and 15 to the consolidated financial statements for detail regarding these leases.