Lease Commitments

12 Months Ended

Dec. 31, 2013

Lease Commitments

Lease Commitments

Note 21—Lease Commitments

        The Company's subsidiary was obligated at December 31, 2013, under certain noncancelable operating leases extending to the year 2043 pertaining to banking premises and equipment. Some of the leases provide for the payment of property taxes and insurance and contain various renewal options. The exercise of renewal options is, of course, dependent upon future events. Accordingly, the following summary does not reflect possible additional payments due if renewal options are exercised.

        Future minimum lease payments, by year and in the aggregate, under noncancelable operating leases with initial or remaining terms in excess of one year are as follows:

(Dollars in thousands)
Years Ending December 31,
2014		5,232
2015		4,300
2016		4,045
2017		3,576
2018		2,894
Thereafter		16,749
	$	36,796

        Total lease expense for the years ended December 31, 2013, 2012, and 2011 was $5.1 million, $3.3 million and $4.2 million, respectively.