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PREMISES AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT, NET

PREMISES AND EQUIPMENT, NET

The following table summarizes premises and equipment, net, as of the dates indicated:

						December 31,
($ in thousands)						2021						2020
Land						$	8,230					$	9,020
Building and improvement						107,465						109,896
Furniture, fixtures, and equipment						48,737						49,495
Leasehold improvements						13,559						13,471
Construction in process						23						482
Total						178,014						182,364
Less accumulated depreciation						(65,146)						(60,844)
Premises and equipment, net						$	112,868					$	121,520

During the years ended December 31, 2021, 2020, and 2019, we recorded an impairment loss of zero, $512 thousand, and $1.5 million on abandoned capitalized software projects. This impairment charge is included in all other expense on the consolidated statements of operations.

We recognized depreciation expense of $8.7 million, $10.2 million and $10.3 million for the years ended December 31, 2021, 2020, and 2019.

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