PREMISES AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2016
PREMISES AND EQUIPMENT  
Summary of the cost and accumulated depreciation of premises and equipment

 

 

 

 

 

 

 

 

December 31, (in thousands)

    

2016

    

2015

 

 

 

 

 

 

 

 

 

Land

 

$
6,365

 

$
3,055

 

Buildings and improvements

 

 
36,140

 

 
25,447

 

Furniture, fixtures and equipment

 

 
38,911

 

 
34,066

 

Leasehold improvements

 

 
17,246

 

 
15,830

 

Construction in progress

 

 

 —

 

 

 —

 

Total premises and equipment

 

 
98,662

 

 
78,398

 

Less: Accumulated depreciation and amortization

 

 
55,793

 

 
47,292

 

Premises and equipment, net

 

$
42,869

 

$
31,106

 

 

Schedule of depreciation expense related to premises and equipment

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,  (in thousands)

    

2016

    

2015

    

2014

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation expense

 

$
7,495

 

$
6,742

 

$
6,363