Premises and Equipment

12 Months Ended

Dec. 31, 2012

Note 7.

Premises and Equipment

Premises and equipment were comprised of the following at December 31, 2012 and 2011:


	2012		2011
(Amounts in thousands)
Land	$	19,366	$	18,753
Bank premises		56,789		51,669
Equipment		36,775		32,525

		112,930		102,947
Less: accumulated depreciation and amortization		48,062		48,226

Total	$	64,868	$	54,721

Total depreciation and amortization expense for the three years ended December 31, 2012, was $4.03 million, $3.98 million, and $4.09 million, respectively.

The Company enters into land and building leases for the operation of banking and loan production offices, operations centers and for the operation of automated teller machines. All such leases qualify as operating leases. Following is a schedule by year of future minimum lease payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2012:


	Amount
(Amounts in thousands)
2013	$	1,224
2014		687
2015		392
2016		268
2017		161
Later years		1,167

Total	$	3,899

Total lease expense for the three years ended December 31, 2012, was $1.26 million, $1.17 million, and $1.20 million, respectively. Certain portions of the above listed leases have been sublet to third parties for properties not currently being used by the Company. The impact of the future lease payments to be received on the non-cancelable subleases is as follows:


	Amount
(Amounts in thousands)
2013	$	244
2014		—
2015		—
2016		—
2017		—
Later years		—

Total	$	244

Related Party Leases

Included in total lease expense were leases with related parties totaling $171 thousand and $164 thousand at December 31, 2012 and 2011, 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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