XML 29 R13.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Premises and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2017
Property, Plant and Equipment [Abstract] |
Premises and Equipment | Note 5 - Premises and Equipment Premises and equipment include the following at December 31:
(dollars in thousands) |  | 2017 |  | 2016 |
Leasehold improvements |  | $ | 31,451 |  | $ | 29,207 |
Furniture and equipment |  | 29,667 |  | 26,994 |
Less accumulated depreciation and amortization |  | (40,127 | ) | (35,540 | )
Total premises and equipment, net |  | $ | 20,991 |  | $ | 20,661 |
Total depreciation and amortization expense for the years ended December 31, 2017, 2016 and 2015, was $5.4 million, $5.0 million and $6.1 million, respectively. The Company leases banking and office space in 30 locations under non-cancelable lease arrangements accounted for as operating leases. The initial lease periods range from five to ten years and provide for one or more five year renewal options. The leases in some cases provide for scheduled annual rent escalations and require that the Bank (lessee) pay certain operating expenses applicable to the leased space. Rent expense applicable to operating leases amounted to $8.5 million for each year 2017, 2016, and 2015, as the company has completed some consolidation and “right-sizing” of its banking offices network. The Company subleased four leased premises during 2017, four leased premises during 2016, and six leased premises during 2015. The Company recorded $455 thousand, $579 thousand, and $435 thousand of sublease income as a reduction of rent expense during 2017, 2016, and 2015, respectively. At December 31, 2017, future minimum lease payments under non-cancelable operating leases having an initial term in excess of one year are as follows:
Years ending December 31: |  |  |
(dollars in thousands) |  | Amount |
2018 |  | $ | 7,604 |
2019 |  | 7,339 |
2020 |  | 6,859 |
2021 |  | 6,060 |
2022 |  | 4,716 |
Thereafter |  | 12,138 |
Total minimum lease payments |  | $ | 44,716 |

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 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration