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Restructuring Charges
9 Months Ended
Sep. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Charges
Restructuring Charges
During 2015 and 2016, the Corporation exited five financial centers, a lease for a new financial center and two administrative offices, and reduced staff due to rationalization; resulting in accrued expenses totaling $3.4 million, primarily related to the Banking business segment.
A roll-forward of the remaining accrued restructuring expense for the nine months ended September 30, 2017 is as follows:
(Dollars in thousands)
Severance expenses
 
Write-downs and retirements of fixed assets
 
Lease cancellations
 
Total
Accrued at January 1, 2017
$
901

 
$
228

 
$
81

 
$
1,210

Payments
(832
)
 

 
(51
)
 
(883
)
Non-cash settlement

 
(228
)
 

 
(228
)
Accrued at September 30, 2017
$
69

 
$

 
$
30

 
$
99