December 31, 

(In thousands)

  ​ ​ ​

2025

  ​ ​ ​

2024

Land

$

5,709

$

5,808

Buildings

 

13,580

 

14,417

Leasehold improvements

 

29,003

 

29,817

Furniture, fixtures and equipment

 

30,116

 

28,690

Premises and fixed assets, gross

$

78,408

$

78,732

Less: accumulated depreciation and amortization

 

(47,153)

 

(43,874)

Premises and fixed assets, net

$

31,255

$

34,858

Historical Timeline

Fiscal YearFiled
2025Feb 20, 2026Showing above
2024Feb 20, 2025
2023Feb 22, 2024
2022Feb 28, 2023
2020Mar 15, 2021
2019Mar 11, 2020
2018Mar 11, 2019
2017Mar 9, 2018
2016Mar 10, 2017
2015Mar 14, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.