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PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2023

PREMISES AND EQUIPMENT

Summary of the cost and accumulated depreciation of premises and equipment

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​	​	​	​	​	​	​
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

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​	​	​	​	​	​	​	​	​	​
Years Ended December 31,  (in thousands)		2023			2022			2021
​	​	​	​	​	​	​	​	​	​
Depreciation expense	​	$	7,063	​	$	7,598	​	$	8,986

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Tabular disclosure of depreciation expense related to premises and equipment.

+ References

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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

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