Premises And Equipment

12 Months Ended

Dec. 31, 2010

7. PREMISES AND EQUIPMENT

The major categories of premises and equipment and accumulated depreciation are summarized as follows:

December 31 (In thousands)	2010			2009
Land	$	23,827		$	23,257
Buildings		78,185			75,583
Equipment, furniture and fixtures		61,086			56,822
Leasehold improvements		6,031			6,080
Total	$	169,129		$	161,742
Less accumulated depreciation and amortization		(99,562	)		(92,651	)
Premises and equipment, net	$	69,567		$	69,091

Depreciation and amortization expense amounted to $7.1 million, $7.5 million and $7.5 million for the years ended December 31, 2010, 2009 and 2008, respectively.

The Corporation leases certain premises and equipment accounted for as operating leases. The following is a schedule of the future minimum rental payments required for the next five years under such leases with initial terms in excess of one year:

(In thousands)
2011	$	1,987
2012		1,786
2013		1,629
2014		1,416
2015		1,161
Thereafter		4,103
Total	$	12,082

Rent expense was $2.6 million, $2.8 million and $2.8 million, for the years ended December 31, 2010, 2009 and 2008, respectively.