Premises and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Premises and Equipment

NOTE 5  PREMISES AND EQUIPMENT:

See Note 1 for the Corporation's accounting policy for premises and equipment. A summary of premises and equipment at December 31 was as follows.

			2014						2013
		Estimated			Accumulated		Net Book		Net Book
		Useful Lives		Cost	Depreciation		Value		Value
					($ in Thousands)
Land		—	$	52,790	$	-	$	52,790	$	50,668
Land improvements		3 – 15 years		10,903		4,295		6,608		6,490
Buildings		5 – 39 years		255,623		115,921		139,702		130,772
Computers		3 – 5 years		35,929		28,411		7,518		10,397
Furniture, fixtures and other equipment		3 – 15 years		161,008		105,261		55,747		58,259
Leasehold improvements		5 – 30 years		33,930		21,607		12,323		14,304
	Total premises and equipment		$	550,183	$	275,495	$	274,688	$	270,890

Depreciation and amortization of premises and equipment totaled $34 million in 2014, $33million in 2013, and $30million in 2012.

The Corporation and certain subsidiaries are obligated under noncancelable operating leases for other facilities and equipment, certain of which provide for increased rentals based upon increases in cost of living adjustments and other operating costs. The approximate minimum annual rentals and commitments under these noncancelable agreements and leases with remaining terms in excess of one year are as follows.

	($ in Thousands)
2015	$	10,477
2016		11,099
2017		9,962
2018		8,749
2019		8,390
Thereafter		25,668
Total	$	74,345

Total rental expense under leases, net of sublease income, totaled $12 million in 2014, $14million in 2013, and $15 million in 2012, respectively.