PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Premises and Equipment

Note 7 – Premises and Equipment

Presented in the following table are the components of premises and equipment at December 31:

(In thousands)	2012			2011
Land	$	9,954		$	9,954
Buildings and leasehold improvements		61,456			60,944
Equipment		38,510			39,682
Total premises and equipment		109,920			110,580
Less: accumulated depreciation and amortization		(61,594	)		(62,097	)
Net premises and equipment	$	48,326		$	48,483

Depreciation and amortization expense for premises and equipment amounted to $4.5 million, $4.3 million and $4.3 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Total rental expense of premises and equipment, net of rental income, for the years ended December 31, 2012, 2011 and 2010 was $6.6 million, $5.9 million and $5.9 million, respectively. Lease commitments entered into by the Company bear initial terms varying from 3 to 15 years, or they are 20-year ground leases, and are associated with premises.

Future minimum lease payments, including any additional rents due to escalation clauses, for all non-cancelable operating leases within the years ending December 31 are presented in the table below:

	Operating
(In thousands)	Leases
2013	$	6,024
2014		5,692
2015		3,975
2016		3,003
2017		2,013
Thereafter		4,629
Total minimum lease payments	$	25,336