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Premises and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Premises and Equipment Premises and Equipment
A summary of premises and equipment as of December 31, 2024 and 2023 is as follows:
As of December 31,Estimated Useful Lives
20242023
Furniture, fixtures and leasehold improvements
$47,571 $36,457 
3 – 7 years
Office equipment
244 1,063 
5 years
Computer equipment and software
10,051 19,615 
3 – 5 years
Aircraft
1,550 1,550 
5 years
Assets in progress1,351 3,407 
Premises and equipment, at cost
60,767 62,092 
Accumulated depreciation and amortization
(38,084)(54,714)
Premises and equipment, net
$22,683 $7,378 
Total depreciation and amortization expense related to premises and equipment of $2.0 million, $1.4 million and $1.5 million was recognized for the years ended December 31, 2024, 2023 and 2022, respectively.