Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Schedule of Premises and Equipment

Details of premises and equipment, at cost, at December 31, were as follows:

	2015			2014
Land and land improvements	$	3,102		$	3,046
Buildings and leasehold improvements	37,926			29,984
Furniture, fixtures and equipment	35,083			19,950
Total cost(1)	76,111			52,980
Accumulated depreciation and amortization	(30,152		)	(29,094		)
Net premises and equipment	$	45,959		$	23,886

(1) Increase is primarily due to assets acquired in connection with the SBM acquisition. Refer to Note 2 for further details.

Schedule of Capital and Operating Lease Obligations

At December 31, 2015, under current operating and capital lease contracts, the Company had the following schedule of future minimum lease payments:

	Operating		Capital
2016	$	1,793	$	127
2017	1,495		126
2018	1,144		126
2019	1,102		126
2020	601		126
Thereafter	2,161		686
Total minimum lease payments	$	8,296	$	1,317
Less: amount representing interest(1)			395
Present value of net minimum lease payments(2)			$	922

(1) Amount necessary to reduce net minimum lease payments to present value calculated at the Company's incremental borrowing rate at lease inception.

(2) Reflects the liability reported within other borrowed funds on the consolidated statements of condition. At December 31, 2015 and 2014, the capital lease liability was $922,000 and $984,000, respectively.