Premises, Furniture, and Equipment (Tables)

9 Months Ended

Sep. 30, 2016

Property, Plant and Equipment [Abstract]

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

Premises, Furniture, and Equipment

(Dollar amounts in thousands)



	As of
	September 30, 2016			December 31, 2015
Land	$	19,472		$	43,442
Premises	96,178			152,444
Furniture and equipment	103,326			90,672
Total cost	218,976			286,558
Accumulated depreciation	(141,500		)	(171,708		)
Net book value of premises, furniture, and equipment	77,476			114,850
Assets held-for-sale	4,967			7,428
Total premises, furniture, and equipment	$	82,443		$	122,278

Schedule of Future Minimum Lease Payments for Operating Leases

The following summary reflects the future minimum payments by year required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of September 30, 2016.

Future Minimum Operating Lease Payments

(Dollar amounts in thousands)



	Total
One year or less	$	21,332
After one year to two years	18,083
After two years to three years	16,762
After three years to four years	15,882
After four years to five years	14,476
After five years	109,752
Total minimum lease payments	$	196,287

Scheduled Accretion of Operating Lease Intangible

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

Scheduled Accretion of Operating Lease Intangible

(Dollar amounts in thousands)



	Total
One year or less	$	1,180
After one year to two years	1,011
After two years to three years	742
After three years to four years	648
After four years to five years	648
After five years	4,159
Total accretion	$	8,388

Schedule Of Rental Expense And Income

The following table presents net operating lease expense for the quarters and nine months ended September 30, 2016 and 2015.

Net Operating Lease Expense

(Dollar amounts in thousands)



	Quarters Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Lease expense charged to operations ⁽¹⁾	$	1,950	$	1,438	$	4,902	$	4,282
Rental income from premises leased to others ⁽²⁾	118		167		404		454
Net operating lease expense	$	1,832	$	1,271	$	4,498	$	3,828

⁽¹⁾

Includes amounts paid under short-term cancelable leases and is included in net occupancy and equipment expense in the Condensed Consolidated Statements of Income. For the quarter and nine months ended September 30, 2016, lease expense is net of accretion related to the intangible liability of $295,000 and $876,000, respectively. For the same periods in 2015, lease expense is net of accretion related to the intangible liability of $286,000 and $858,000.


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