Premises and Equipment, Net

12 Months Ended

Dec. 31, 2017

Premises and Equipment, Net [Abstract]

NOTE 8. PREMISES AND EQUIPMENT, NET

The following table presents the components of premises and equipment as of the dates indicated:



	December 31,
	2017			2016
	(In thousands)
Land	$	1,243		$	5,505
Buildings	8,154			14,929
Furniture, fixtures and equipment	43,250			38,806
Leasehold improvements	42,521			38,967
Premises and equipment, gross	95,168			98,207
Less: accumulated depreciation and amortization	(63,316		)	(59,613		)
Premises and equipment, net	$	31,852		$	38,594

Depreciation and amortization expense was $7.6 million, $8.2 million, and $8.1 million for the years ended December 31, 2017, 2016, and 2015.

We have obligations under a number of noncancelable operating leases for premises and equipment. The following table presents future minimum rental payments under noncancelable operating leases as of the date indicated:



	December 31, 2017
	(In thousands)
Estimated Lease Payments for Year Ending December 31,
2018	$	30,574
2019	28,098
2020	25,544
2021	21,346
2022	15,494
2023 and thereafter	34,107
Total	$	155,163

Total gross rental expense for the years ended December 31, 2017, 2016, and 2015, was $31.7 million, $30.0 million, and $26.2 million. Most of the leases provide that the Company pays maintenance, insurance and certain other operating expenses applicable to the leased premises in addition to the monthly rental payments.

Total rental income for the years ended December 31, 2017, 2016, and 2015, was $481,000, $500,000, and $487,000. As of December 31, 2017, the future minimum rental payments to be received under noncancelable subleases were $21.1 million through September 2025.