XML 34 R18.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Premises and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2015
Property, Plant and Equipment [Abstract] |
Premises and Equipment | PREMISES AND EQUIPMENT The following table is a summary of premises and equipment as of the dates presented:
| December 31,
(dollars in thousands) | 2015 | 2014
Land | $ | 8,699 |  | $ | 6,193 |
Premises | 52,968 |  | 44,690 |
Furniture and equipment | 29,543 |  | 26,661 |
Leasehold improvements | 7,186 |  | 6,545 |
| 98,396 |  | 84,089 |
Accumulated depreciation | (49,269 | ) | (45,923 | )
Total | $ | 49,127 |  | $ | 38,166 |
Depreciation expense related to premises and equipment was $4.7 million in 2015, $3.5 million in 2014 and $3.5 million in 2013. Certain banking facilities are leased under arrangements expiring at various dates until the year 2054. We account for these leases on a straight-line basis due to escalation clauses. All leases are accounted for as operating leases, except for one capital lease. Rental expense for premises amounted to $3.9 million, $2.7 million and $2.5 million in 2015, 2014 and 2013. Included in the rental expense for premises are leases entered into with two S&T directors, which totaled $0.2 million each year in 2015, 2014 and 2013. Minimum annual rental and renewal option payments for each of the following five years and thereafter are approximately:
(dollars in thousands) | Operating |  | Capital |  | Total |
2016 | $ | 2,860 |  | $ | 76 |  | $ | 2,936 |
2017 | 2,895 |  | 76 |  | 2,971 |
2018 | 2,899 |  | 76 |  | 2,975 |
2019 | 2,913 |  | 77 |  | 2,990 |
2020 | 2,857 |  | 77 |  | 2,934 |
Thereafter | 53,107 |  | 610 |  | 53,717 |
Total | $ | 67,531 |  | $ | 992 |  | $ | 68,523 |

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration