XML 36 R17.htm IDEA: XBRL DOCUMENT v3.20.4
Premises and Equipment
 12 Months Ended
Dec. 31, 2020
Premises and Equipment [Abstract]  
Premises and Equipment

NOTE 9 — PREMISES AND EQUIPMENT

 

Premises and equipment at December 31, 2020 and 2019 are stated at cost less accumulated depreciation and amortization as follows:

 

Useful Life

 

 

December 31,

 

(Years)

 

2020

 

2019

 

 

 

(In thousands)

Land

—

 

$

4,363

 

$

4,363

Buildings and improvements

40

 

 

75,974

 

 

74,840

Leasehold improvements

5 — 10

 

 

22,439

 

 

21,358

Furniture and fixtures

3 — 7

 

 

17,517

 

 

16,686

Information technology and other

3 — 7

 

 

40,273

 

 

29,230

 

 

 

 

160,566

 

 

146,477

Less: accumulated depreciation and amortization

 

 

 

(76,780)

 

 

(65,372)

 

 

 

$

83,786

 

$

81,105

Depreciation and amortization of premises and equipment totaled $12.7 million in 2020, $8.5 million in 2019 and $8.9 million in 2018. These are included in the consolidated statements of operations as part of occupancy and equipment expenses.