Information Services Contracts

12 Months Ended

Dec. 31, 2011

Information Services Contracts [Abstract]

Information Services Contracts

NOTE 22. INFORMATION SERVICES CONTRACTS

The Company has information services contracts that expire at various times through 2017. The largest of these contracts provides for increases due to changes in the cost of living index and further provides flexibility in the annual obligation from year-to-year subject to a three-year true-up cycle. Total payments under these contracts were as follows for the years ended December 31 (dollars in thousands):

	2011		2010		2009
Information service contract payments	$	13,038	$	13,426	$	15,529

The majority of the costs are included in other operating expenses in the Consolidated Statements of Income. Minimum contractual obligations under the Company's information services contracts are $13.0 million in 2012, $10.5 million in 2013, $8.0 million in 2014, and $7.0 million in each of 2015, 2016 and 2017.