Premises and Equipment, Net

12 Months Ended

Dec. 31, 2014

Premises and Equipment, Net [Abstract]

(6) Premises and Equipment, Net

A summary of premises and equipment follows:

	December 31,
(In thousands)	2014		2013
Land, buildings, and improvements	$	122,400	$	120,098
Equipment		58,835		55,729
Premises and equipment before accumulated depreciation		181,235		175,827
Accumulated depreciation		91,977		87,500
Total premises and equipment	$	89,258	$	88,327

Buildings and improvements are depreciated based on useful lives of 15 to 40 years. Equipment is depreciated based on useful lives of three to ten years.

Rental expense included in occupancy expense amounted to $8.0 million in 2014, $7.5 million in 2013, and $6.4 million in 2012. The future minimum rental payments related to noncancelable operating leases with original terms of one year or more are as follows at December 31, 2014 (in thousands):

Future Minimum Rental Payments

2015	$	7,369
2016		7,215
2017		6,811
2018		6,122
2019		5,655
Thereafter		26,257
Total	$	59,429

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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