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PREMISES AND EQUIPMENT (Tables) | 12 Months Ended
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Dec. 31, 2023
PREMISES AND EQUIPMENT |
Summary of the cost and accumulated depreciation of premises and equipment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, (in thousands) |  | 2023 |  | 2022
​ | ​ | ​ | ​ | ​ | ​ | ​
Land | ​ | $ | 4,578 | ​ | $ | 3,818
Buildings and improvements | ​ |  | 33,606 | ​ |  | 32,780
Furniture, fixtures and equipment | ​ |  | 55,023 | ​ |  | 51,652
Leasehold improvements | ​ |  | 24,893 | ​ |  | 21,755
Construction in progress | ​ |  | 34 | ​ |  | 547
Total premises and equipment | ​ |  | 118,134 | ​ |  | 110,552
Less: Accumulated depreciation and amortization | ​ |  | 84,723 | ​ |  | 78,574
Premises and equipment, net | ​ | $ | 33,411 | ​ | $ | 31,978
Schedule of depreciation expense related to premises and equipment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Years Ended December 31, (in thousands) |  | 2023 |  | 2022 |  | 2021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation expense | ​ | $ | 7,063 | ​ | $ | 7,598 | ​ | $ | 8,986
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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