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Premises and Equipment
12 Months Ended
Dec. 31, 2024
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, 2024 and 2023:
(in thousands) 
December 31, 2024
December 31, 2023
Estimated useful life
Land$90,977 $91,072 
Buildings and improvements293,993 288,189 
7 - 39 years
Furniture, fixtures, and equipment141,378 140,241 
4 - 20 years
Software111,222 110,726 
3 - 7 years
Construction in progress and other42,373 24,094 
Total premises and equipment679,943 654,322 
Less: Accumulated depreciation and amortization(331,273)(315,352)
Premises and equipment, net$348,670 $338,970 

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 $28.0 million, $29.3 million, and $22.9 million for the years ended December 31, 2024, 2023, and 2022, respectively, and is included in occupancy and equipment, net on the Consolidated Statements of Income.