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Lease Commitments
12 Months Ended
Dec. 31, 2012
Lease Commitments  
Lease Commitments

Note 21—Lease Commitments

        The Company's subsidiary was obligated at December 31, 2012, under certain noncancelable operating leases extending to the year 2043 pertaining to banking premises and equipment. Some of the leases provide for the payment of property taxes and insurance and contain various renewal options. The exercise of renewal options is, of course, dependent upon future events. Accordingly, the following summary does not reflect possible additional payments due if renewal options are exercised.

        Future minimum lease payments, by year and in the aggregate, under noncancelable operating leases with initial or remaining terms in excess of one year are as follows:

(Dollars in thousands)
   
 

Years Ending December 31,

       

2013

    3,514  

2014

    2,534  

2015

    2,457  

2016

    2,343  

2017

    2,378  

Thereafter

    15,327  
       

 

  $ 28,553  
       

        Total lease expense for the years ended December 31, 2012, 2011, and 2010 was $3.3 million, $4.2 million and $3.3 million, respectively.