Premises and Equipment and Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2014

Premises and Equipment and Lease Commitments [Abstract]

Premises and equipment are included in other assets in the accompanying consolidated balance sheets and are summarized as follows as of December 31, 2014 and 2013 (in thousands):



	2014			2013
Buildings and improvements	$	25,739		$	18,049
Leasehold improvements	61,336			47,912
Construction in progress	149			3,293
Furniture, fixtures and equipment	34,542			29,880
Computer equipment	13,555			11,212
Software and software licensing rights	31,672			26,855
	166,993			137,201
Less: accumulated depreciation	(61,808		)	(42,923		)
Premises and equipment, net	$	105,185		$	94,278

Operating Leases of Lessee Disclosure

As of December 31, 2014, future minimum rentals under non-cancelable operating leases with initial or remaining terms in excess of one year were as follows (in thousands):



Years ending December 31:
2015	$	20,834
2016	20,350
2017	20,188
2018	18,989
2019	17,383
Thereafter through 2034	81,756
	$	179,500

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References+ Details