Lease Commitments and Total Rental Expense

12 Months Ended

Sep. 30, 2013

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Lease Commitments and Total Rental Expense

12. LEASE COMMITMENTS AND TOTAL RENTAL EXPENSE

The Company leases various branch locations and other offices under long-term operating leases. Future minimum lease payments by year and in the aggregate, under noncancellable operating leases with initial or remaining terms of one year or more, consisted of the following at September 30, 2013 (in thousands):

2014	$	524
2015		451
2016		391
2017		230
2018		128
2019 and beyond		1,151
Total	$	2,875

The total rental expenses for the above leases for the years ended September 30, 2013, 2012, and 2011, were $913,000, $835,000, and $760,000, respectively. The Company also operates six offices that currently do not have long-term operating leases.