Premises and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

NOTE 5 PREMISES AND EQUIPMENT:

A summary of premises and equipment at December 31 was as follows.

			2012						2011
		Estimated			Accumulated		Net Book		Net Book
		Useful Lives		Cost	Depreciation		Value		Value
					($ in Thousands)
Land		—	$	46,378	$	-	$	46,378	$	44,581
Land improvements		3 – 15 years		9,973		3,561		6,412		6,309
Buildings		5 – 39 years		234,486		112,990		121,496		100,246
Computers		3 – 5 years		43,482		32,054		11,428		11,991
Furniture, fixtures and other equipment		3 – 15 years		157,375		99,708		57,667		50,892
Leasehold improvements		5 – 30 years		31,639		21,062		10,577		9,717
	Total premises and equipment		$	523,333	$	269,375	$	253,958	$	223,736

Depreciation and amortization of premises and equipment totaled $30 million in 2012, $24 million in 2011, and $22 million in 2010.

The Corporation and certain subsidiaries are obligated under noncancelable operating leases for other facilities and equipment, certain of which provide for increased rentals based upon increases in cost of living adjustments and other operating costs. The approximate minimum annual rentals and commitments under these noncancelable agreements and leases with remaining terms in excess of one year are as follows.

	($ in Thousands)
2013	$	12,192
2014		11,198
2015		11,041
2016		11,068
2017		9,615
Thereafter		42,441
Total	$	97,555

Total rental expense under leases, net of sublease income, totaled $15 million in 2012, $15 million in 2011, and $13 million in 2010, 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.

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