Premises and Equipment

12 Months Ended

Sep. 30, 2012

PREMISES AND EQUIPMENT



September 30,		2012			2011
		(In thousands)
	Estimated Useful Life
Land	—	$	82,426		$	78,282
Buildings	25 - 40	114,106			102,403
Leasehold improvements	7 - 15	7,530			6,919
Furniture, fixtures and equipment	2 - 10	33,522			31,036
		237,584			218,640
Less accumulated depreciation and amortization		(58,739		)	(52,047		)
		$	178,845		$	166,593

The Company has non-cancelable operating leases for branch offices. Future minimum net rental commitments for all non-cancelable leases, including maintenance and associated costs, were as follows: $3.3 million for 2013, $2.6 million for 2014, $2.0 million for 2015, $1.1 million for 2016 and $2.6 million thereafter. Rental expense, including amounts paid under month-to-month cancelable leases, amounted to $3,825,000, $3,083,000 and $3,170,000 in 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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