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Premises and Equipment, Net
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Premises and Equipment, Net Premises and Equipment, Net
 
At December 31, 2021 and 2020, premises and equipment, less accumulated depreciation and amortization, consists of the following (in thousands): 
 December 31,
 20212020
At cost: 
Land$5,156 $5,156 
Buildings and improvements13,150 13,078 
Capital leases2,600 2,600 
Furniture, fixtures, and equipment31,269 29,880 
Leasehold improvements28,148 27,971 
 80,323 78,685 
Accumulated depreciation and amortization(54,386)(50,497)
Premises and equipment, net$25,937 $28,188 
 
Depreciation expense for the years ended December 31, 2021, 2020, and 2019, was $3.9 million, $3.9 million, and $3.6 million, respectively. Included in the depreciation expense for the years ended December 31, 2020 and 2019, is $303,000 and $470,000, respectively, of impairment charges on leasehold assets related to branch consolidations. There were no branch consolidations in 2021. There were no sales of premises and equipment in 2021, 2020, or 2019.