Premises and Equipment, Net

12 Months Ended

Dec. 31, 2012

Premises and Equipment, Net [Abstract]

(9)	Premises and Equipment, Net

A summary of premises and equipment follows:

	December 31,
(In thousands)	2012		2011
Land, buildings, and improvements	$	109,601	$	103,399
Equipment		51,321		47,646
Construction in progress		-		75
Premises and equipment before accumulated depreciation		160,922		151,120
Accumulated depreciation		83,047		76,579
Total premises and equipment	$	77,875	$	74,541

Land, buildings, and improvements with a carrying value of approximately $2.7 million and $2.9 million at December 31, 2012 and 2011, respectively, are pledged to secure long-term borrowings. Buildings and improvements are depreciated based on useful lives of 15 to 40 years. Equipment is depreciated based on useful lives of three to ten years.

Rental expense included in occupancy expense amounted to $6.4 million in 2012, $5.6 million in 2011, and $5.3 million in 2010. The future minimum rental payments related to noncancelable operating leases with original terms of one year or more are as follows at December 31, 2012 (in thousands):

Future Minimum Rental Payments

2013	$	5,727
2014		5,453
2015		4,714
2016		4,309
2017		4,063
Thereafter		28,314
Total	$	52,580

- 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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