Premises, Furniture, and Equipment (Tables)

12 Months Ended

Dec. 31, 2015

The following table summarizes the Company's premises, furniture, and equipment by category.

Premises, Furniture, and Equipment

(Dollar amounts in thousands)



	As of December 31,
	2015			2014
Land	$	43,442		$	51,104
Premises	152,444			148,963
Furniture and equipment	90,672			85,489
Total cost	286,558			285,556
Accumulated depreciation	(171,708		)	(156,473		)
Net book value of premises, furniture, and equipment	114,850			129,083
Assets held-for-sale	7,428			2,026
Total premises, furniture, and equipment	$	122,278		$	131,109

Future Minimum Operating Lease Payments

(Dollar amounts in thousands)



	Total
Year ending December 31,
2016	$	5,119
2017	4,832
2018	4,115
2019	2,327
2020	1,893
2021 and thereafter	11,287
Total minimum lease payments	$	29,573

The following table presents the remaining scheduled accretion of the intangible liability by year.

Scheduled Accretion of Operating Lease Intangible

(Dollar amounts in thousands)

The following table presents net operating lease expense for the years ended December 31, 2015, 2014, and 2013.

Net Operating Lease Expense

(Dollar amounts in thousands)



	Years Ended December 31,
	2015		2014		2013
Lease expense charged to operations ⁽¹⁾	$	5,706	$	4,216	$	3,123
Rental income from premises leased to others ⁽²⁾	606		541		531
Net operating lease expense	$	5,100	$	3,675	$	2,592


⁽¹⁾	Includes amounts paid under short-term cancelable leases and included in net occupancy and equipment expense in the Consolidated Statements of Income. As of December 31, 2015 and 2014, lease expense is net of accretion related to the intangible liability of $1.1 million and $453,000, respectively.


⁽²⁾	Included as a reduction to net occupancy and equipment expense in the Consolidated Statements of Income.