v3.26.1
Property and Equipment, net
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment, net consisted of the following:
(Dollar amounts in thousands)Useful life
in years
June 30, 2026December 31, 2025
Buildings30$2,404 $2,202 
Data processing equipment
3 - 5
168,980 163,160 
Furniture and equipment
3 - 10
10,668 9,285 
Leasehold improvements
5 -10
5,386 4,737 
187,438 179,384 
Less - accumulated depreciation and amortization(122,818)(116,558)
Depreciable assets, net64,620 62,826 
Land1,677 1,528 
Property and equipment, net$66,297 $64,354 

Depreciation and amortization expense related to property and equipment for the three and six months ended June 30, 2026 amounted to $6.1 million and $11.9 million, compared to $5.5 million and $11.0 million for the corresponding periods in 2025.