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Bank Premises and Equipment | 12 Months Ended
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Dec. 31, 2019
Property, Plant and Equipment [Abstract] |
Bank Premises and Equipment | BANK PREMISES AND EQUIPMENT The components of bank premises and equipment as of December 31, 2019 and 2018 were as follows:
|  |  | December 31, |  |
(amounts in thousands) | Expected Useful Life |  | 2019 |  | 2018
Leasehold improvements | 3 to 25 years |  | $ | 14,218 |  |  | $ | 14,080 |
Furniture, fixtures and equipment | 5 to 10 years |  | 6,333 |  |  | 7,110 |
IT equipment | 3 to 5 years |  | 10,016 |  |  | 8,645 |
Automobiles | 3 to 5 years |  | 492 |  |  | 455 |
|  |  | 31,059 |  |  | 30,290 |
Accumulated depreciation and amortization |  |  | (21,670) |  |  | (19,227) |
Total |  |  | $ | 9,389 |  |  | $ | 11,063 |
Depreciation expense and amortization of leasehold improvements, which are included on the consolidated statements of income in occupancy expenses, were $3.4 million, $2.7 million and $2.8 million for the years ended December 31, 2019, 2018 and 2017, respectively.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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