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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 major categories of premises and equipment and accumulated depreciation are summarized as follows:
 
December 31 (In thousands)20242023
Land$19,773 $22,176 
Buildings97,578 98,472 
Equipment, furniture and fixtures78,865 79,662 
Leasehold improvements6,701 5,684 
Software32,338 29,518 
Total$235,255 $235,512 
Less accumulated depreciation(165,733)(161,301)
Premises and equipment, net$69,522 $74,211 

Depreciation expense amounted to $12.2 million, $14.0 million and $13.8 million for the years ended December 31, 2024, 2023 and 2022, respectively.
  
Park records operating lease assets where Park acts as the lessor within "Other assets" on the Consolidated Balance Sheets. Equipment subject to lease agreements at December 31, 2024 and 2023 is summarized below:

December 31 (In thousands)20242023
Equipment$4,277 $4,691 
Less accumulated depreciation(2,610)(2,385)
Leased assets, net$1,667 $2,306 

Depreciation expense on operating lease assets of $726,000, $693,000, and $1.1 million was recorded for the years ended December 31, 2024, 2023 and 2022, respectively.