PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

NOTE 8.PREMISES AND EQUIPMENT

Year-end premises and equipment are summarized as follows:

(In thousands)	2014			2013			Estimated Useful Life

Land	$	10,638		$	10,177		N/A
Buildings and improvements	75,984			69,873			5 - 39 years
Furniture and equipment	31,893			24,865			3 - 7 years
Construction in process	1,191			4,336
Premises and equipment, gross	119,706			109,251
Accumulated depreciation and amortization	(32,427		)	(24,792		)

Premises and equipment, net	$	87,279		$	84,459

Depreciation and amortization expense for the years 2014, 2013, and 2012 amounted to $8.3 million, $7.1 million, and $6.0 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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