Premises and equipment consisted of the following at December 31, 2016 and 2015:

 

 

 

 

 

 

 

 

 

    

December 31, 2016

    

December 31, 2015

Land

 

$

29,864

 

$

29,991

Buildings and improvements

 

 

69,980

 

 

71,908

Equipment

 

 

42,067

 

 

39,382

Total premises and equipment, at cost

 

 

141,911

 

 

141,281

Less: accumulated depreciation and amortization

 

 

(46,240)

 

 

(38,178)

Premises and equipment, net

 

$

95,671

 

$

103,103