Premises and Equipment and Lease Commitments

12 Months Ended

Dec. 31, 2011

Premises and Equipment and Lease Commitments [Abstract]

Premises and Equipment and Lease Commitments

Note 7.  Premises and Equipment and Lease Commitments

Premises and equipment at December 31, 2011 and 2010 are summarized as follows (in thousands):

	Range of Useful Lives		2011			2010
Land		-	$	19,206		$	17,324
Buildings	15 to 30 years			46,155			47,836
Leasehold improvements	15 to 20 years			18,820			19,134
Furniture and equipment	3 to 15 years			47,483			47,451
				131,664			131,745
Accumulated depreciation and amortization				(54,537	)		(49,371	)
			$	77,127		$	82,374

Depreciation and amortization expense was approximately $6.6 million, $7.4 million, and $6.5 million for the years ended December 31, 2011, 2010 and 2009, respectively.

Pinnacle Financial has entered into various operating leases, primarily for office space and branch facilities.  Rent expense related to these leases for 2011, 2010 and 2009 totaled $3.8 million, $4.3 million and $2.6 million, respectively.  At December 31, 2011, the approximate future minimum lease payments due under the aforementioned operating leases for their base term are as follows (in thousands):

2012	$	3,796
2013		3,542
2014		3,519
2015		3,410
2016		3,492
Thereafter		33,135
	$	50,894