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Premises and Equipment, Net | 12 Months Ended
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Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
Premises and Equipment, Net | Premises and Equipment, Net Premises and equipment, net of accumulated depreciation and amortization expense at December 31, 2022 and 2021 are summarized as follows (in thousands):
|  | December 31,
|  | 2022 |  | 2021
Land |  | $ | 15,916 |  |  | $ | 18,774 |
Buildings and improvements |  | 131,837 |  |  | 94,573 |
Leasehold improvements |  | 6,647 |  |  | 8,460 |
Furniture and equipment |  | 34,692 |  |  | 30,314 |
Capitalized software |  | 7,588 |  |  | 6,989 |
Finance lease |  | 3,189 |  |  | 2,386 |
Other (1) |  | 2,559 |  |  | 38,057 |
Total |  | 202,428 |  |  | 199,553 |
Accumulated depreciation and amortization |  | (75,723) |  |  | (73,725) |
Total premises and equipment, net |  | $ | 126,705 |  |  | $ | 125,828 |
(1) 2021 included assets under construction of $36.2 million related to the expansion of the Company’s headquarters in Toms River, New Jersey, which was completed in 2022. In 2022, the Company’s headquarters in Toms River was classified within buildings and improvements. Depreciation and amortization expense for the years ended December 31, 2022, 2021, and 2020 amounted to $11.5 million, $9.4 million, and $8.5 million, respectively. Depreciation and amortization expense is presented within occupancy, equipment, and data processing expenses of the Consolidated Statement of Income.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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