Bank Premises and Equipment

12 Months Ended

Dec. 31, 2013

Bank Premises and Equipment [Abstract]

(5) Bank Premises and Equipment

A summary of premises and equipment at December 31, 2013 and 2012 follows:

(dollars in thousands)
	2013			2012
Land	$	2,413			2,413
Buildings		30,010			29,584
Furniture, Fixtures and equipment		43,697			42,636
Leasehold improvements		25,391			24,070
Total bank premises and Equipment		101,511			98,703
Accumulated depreciation and amortization		(67,097	)		(62,464	)
Total	$	34,414			36,239

Depreciation and amortization expense approximated $5.0 million, $5.0 million, and $4.8 million for the years 2013, 2012, and 2011, respectively. Occupancy expense of the Bank’s premises included rental expense of $7.2 million in 2013, $6.9 million in 2012, and $6.8 million in 2011.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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