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Premises and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Premises and Equipment Premises and Equipment
The following is a summary of premises and equipment as of December 31:
(In thousands)20222021
Land$5,534 $5,546 
Buildings26,577 23,462 
Furniture, fixtures, and equipment20,950 16,639 
Leasehold improvements2,013 1,987 
Capital expenditures in process897 3,019 
Total cost55,971 50,653 
Less accumulated depreciation(21,500)(17,421)
Total premises and equipment$34,471 $33,232 
Depreciation expense was $4.3 million in 2022, $3.3 million in 2021, and $3.2 million in 2020.
During 2022, Mid Penn sold a branch which included the sale of $170 thousand and $2.0 million of furniture, fixtures and equipment and consumer loans, respectively, and the transfer of $21.1 million in deposits.