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Premises and Equipment | 12 Months Ended
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Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
Premises and Equipment | Premises and Equipment The following table presents the major components of premises and equipment as of December 31, 2023 and 2022:
(in thousands) | December 31, 2023 |  | December 31, 2022 |  | Estimated useful life
Land | $ | 91,072 |  |  | $ | 33,031 |  |  |
Buildings and improvements | 288,189 |  |  | 203,519 |  |  | 7 - 39 years
Furniture, fixtures, and equipment | 140,241 |  |  | 142,209 |  |  | 4 - 20 years
Software | 110,726 |  |  | 105,355 |  |  | 3 - 7 years
Construction in progress and other | 24,094 |  |  | 16,878 |  |  |
Total premises and equipment | 654,322 |  |  | 500,992 |  |  |
Less: Accumulated depreciation and amortization | (315,352) |  |  | (324,976) |  |  |
Premises and equipment, net | $ | 338,970 |  |  | $ | 176,016 |  |  |
During 2023, the Company recorded $203.3 million of premises and equipment associated with the Merger. Refer to Note 2 - Business Combination for more information pertaining to the completed Merger. Depreciation and amortization expense totaled $29.3 million, $22.9 million, and $25.7 million for the years ended December 31, 2023, 2022, and 2021, respectively.

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