The following table is a summary of premises and equipment as of the dates indicated.

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

 

 

(Dollars in thousands)

 

Land

 

$

129,574

 

 

$

87,652

 

Construction in process

 

 

4,861

 

 

 

1,198

 

Buildings and improvements

 

 

344,416

 

 

 

195,599

 

Leasehold improvements

 

 

11,567

 

 

 

6,582

 

Equipment

 

 

96,404

 

 

 

73,121

 

Gross premises and equipment

 

 

586,822

 

 

 

364,152

 

Accumulated depreciation

 

 

(82,736

)

 

 

(67,914

)

Premises and equipment, net

 

$

504,086

 

 

$

296,238