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Bank Premises and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Bank Premises and Equipment Bank Premises and Equipment
The major categories of bank premises and equipment, net of accumulated depreciation, at December 31 were as follows:
(Dollars in thousands)20242023
Land$23,066 $23,680 
Building and premises125,792 120,587 
Furniture, fixtures and equipment45,884 42,360 
Total bank premises and equipment194,742 186,627 
Accumulated depreciation(91,073)(82,771)
Net book value$103,669 $103,856 
Peoples depreciates its building and premises, and its furniture, fixtures and equipment over estimated useful lives generally ranging from five to forty years and two to ten years, respectively. Depreciation expense was $8.6 million in 2024 and $7.7 million in 2023.