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PREMISES AND EQUIPMENT
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT PREMISES AND EQUIPMENT
Premises and equipment at December 31, 2024 and 2023 are stated at cost less accumulated depreciation and amortization as follows:
Useful Life
(Years)
December 31,
20242023
(In thousands)
Land$4,031 $4,031 
Buildings and improvements
20 — 40
77,267 76,542 
Leasehold improvements
1 — 10
23,176 19,145 
Furniture and fixtures
3 — 10
23,591 21,377 
Information technology and other
3 — 7
69,787 58,898 
197,852 179,993 
Less: accumulated depreciation and amortization(93,340)(75,891)
$104,512 $104,102 
Depreciation and amortization of premises and equipment totaled $20.9 million, $20.4 million and $15.8 million for 2024, 2023 and 2022, respectively. These are included in the consolidated statements of operations as part of occupancy and equipment expenses.