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Premises and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Premises and Equipment

Note 6. Premises and Equipment

A summary of premises and equipment at December 31, is as follows (in thousands):

    

Useful Life

    

2022

    

2021

Land and land improvements

 

Indefinite

$

21,654

$

19,511

Building and leasehold improvements

 

15-40 years

 

69,276

 

65,115

Furniture, fixtures and equipment

 

3-7 years

 

24,601

 

21,530

Construction in progress

 

  

 

1,762

 

492

Total, gross

 

  

 

117,293

 

106,648

Accumulated depreciation

 

  

 

(24,782)

 

(20,690)

Total, net

 

  

$

92,511

$

85,958

At December 31, 2022 management estimates the cost necessary to complete the construction in progress will be approximately $1.3 million.

Depreciation and amortization expense relating to premises and equipment was $4.7 million, $4.2 million and $3.7 million for the years ended December 31, 2022, 2021 and 2020, respectively.