PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

Major classifications of premises and equipment at December 31, 2012, and 2011 are summarized as follows:



	2012		2011
Land	$	202,168	$	193,663
Premises and leasehold improvements	840,149		803,602
Furniture and equipment	390,345		353,664
Total	1,432,662		1,350,929
Less accumulated depreciation and amortization	549,894		496,453
Total premises and equipment	$	882,768	$	854,476

There were no premises pledged to secure borrowings at December 31, 2012, and 2011.

BancShares leases certain premises and equipment under various lease agreements that provide for payment of property taxes, insurance and maintenance costs. Operating leases frequently provide for one or more renewal options on the same basis as current rental terms. However, certain leases require increased rentals under cost of living escalation clauses. Some leases also provide purchase options.

Future minimum rental commitments for noncancellable operating leases with initial or remaining terms of one or more years consisted of the following at December 31, 2012:



Year ended December 31
2013	$	20,910
2014	16,911
2015	13,805
2016	9,035
2017	5,846
Thereafter	44,722
Total minimum payments	$	111,229

Total rent expense for all operating leases amounted to $23,630 in 2012, $24,749 in 2011 and $24,627 in 2010, net of rent income, which totaled $1,728, $1,667 and $1,685 during 2012, 2011 and 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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