PREMISES AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2012

PREMISES AND EQUIPMENT, NET (Note 7)

At December 31, 2012 and 2011, premises and equipment, net consisted of:


	2012			2011
	(in thousands)

Land	$	67,342		$	57,630
Buildings		190,582			189,782
Leasehold improvements		71,944			64,191
Furniture and equipment		188,481			176,801

		518,349			488,404
Accumulated depreciation and amortization		(239,734	)		(222,929	)

Total premises and equipment, net	$	278,615		$	265,475

Depreciation and amortization of premises and equipment included in non-interest expense for the years ended December 31, 2012, 2011 and 2010 amounted to approximately $18.5 million, $16.4 million, and $15.8 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details