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Property and Equipment, net
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment, net consisted of the following:
(Dollar amounts in thousands)Useful life
in years
June 30, 2024December 31, 2023
Buildings30$2,104 $2,193 
Data processing equipment
3 - 5
198,263 187,761 
Furniture and equipment
3 - 20
10,335 10,281 
Leasehold improvements
5 -10
5,145 4,876 
215,847 205,111 
Less - accumulated depreciation and amortization(151,526)(144,117)
Depreciable assets, net64,321 60,994 
Land1,448 1,459 
Property and equipment, net$65,769 $62,453 

Depreciation and amortization expense related to property and equipment for the three and six months ended June 30, 2024 amounted to $5.4 million and $11.1 million, respectively, compared to $5.5 million and $10.5 million for the corresponding periods in 2023.