Commitments and Contingencies

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

COMMITMENTS AND CONTINGENCIES

Commitments

The following table sets forth our commitments and letters of credit as of the dates presented:

	December 31,
(dollars in thousands)	2014		2013
Commitments to extend credit	$	1,158,628	$	1,038,529
Standby letters of credit	73,584		78,639
Total	$	1,232,212	$	1,117,168

Estimates of the fair value of these off-balance sheet items were not made because of the short-term nature of these arrangements and the credit standing of the counterparties.

Our allowance for unfunded loan commitments totaled $2.3 million at December 31, 2014 and $2.9 million at December 31, 2013.

We have future commitments with third party vendors for data processing and communication charges. We had data processing and communication expense of $9.8 million , $9.5 million and $10.3 million for 2014, 2013 and 2012. Included in the 2013 expense is $0.8 million in one-time merger related expense.

The following table sets forth the future estimated payments related to data processing and communication charges for each of the five years following December 31, 2014:

(dollars in thousands)	Total
2015	$	11,326
2016	10,715
2017	11,057
2018	11,411
2019	11,777
Total	$	56,286

Litigation

In the normal course of business, we are subject to various legal and administrative proceedings and claims. While any type of litigation contains a level of uncertainty, we believe that the outcome of such proceedings or claims pending will not have a material adverse effect on our consolidated financial position or results of operations.