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Bank Premises and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Bank Premises and Equipment BANK PREMISES AND EQUIPMENT
The components of bank premises and equipment as of December 31, 2023 and 2022 were as follows:
  December 31,
(amounts in thousands)Expected Useful Life20232022
Leasehold improvements
3 to 25 years
$13,623 $13,514 
Furniture, fixtures and equipment
5 to 10 years
6,311 6,082 
IT equipment
3 to 5 years
9,566 9,389 
Automobiles
3 to 5 years
349 398 
29,849 29,383 
Accumulated depreciation and amortization(22,478)(20,358)
Total$7,371 $9,025 
Depreciation expense and amortization of leasehold improvements, which are included on the consolidated statements of income in occupancy expenses, were $2.2 million, $3.3 million and $2.3 million for the years ended December 31, 2023, 2022 and 2021, respectively.