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Premises and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Premises and Equipment

Note 6. Premises and Equipment

The components of the Company’s premises and equipment as of December 31, 2024 and 2023 were as follows:

 

(dollars in thousands)

 

Cost

 

 

Accumulated
Depreciation and
Amortization

 

 

Net Book Value

 

December 31, 2024

 

 

 

 

 

 

 

 

 

Premises

 

$

394,619

 

 

$

(250,169

)

 

$

144,450

 

Equipment

 

 

128,949

 

 

 

(89,470

)

 

 

39,479

 

Finance Leases

 

 

3,619

 

 

 

(3,068

)

 

 

551

 

Total

 

$

527,187

 

 

$

(342,707

)

 

$

184,480

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

Premises

 

$

380,837

 

 

$

(240,471

)

 

$

140,366

 

Equipment

 

 

139,631

 

 

 

(87,230

)

 

 

52,401

 

Finance Leases

 

 

6,593

 

 

 

(4,505

)

 

 

2,088

 

Total

 

$

527,061

 

 

$

(332,206

)

 

$

194,855

 

 

Depreciation and amortization (including finance lease amortization) included in noninterest expense was $20.1 million, $21.3 million, and $21.4 million for the years ended December 31, 2024, 2023 and 2022, respectively.

There was no impairment of the Company’s premises and equipment for the years ended December 31, 2024, 2023 and 2022.