Huntington National Bank 2014 Annual Report Download - page 154
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148
The estimated amortization expense of other intangible assets for the next five years is as follows:
Amortization
(dollar amounts in thousands) Expense
2015 $ 26,329
2016 12,485
2017 11,371
2018 9,890
2019 8,873
8. PREMISES AND EQUIPMENT
Premises and equipment were comprised of the following at December 31, 2014 and 2013:
At December 31,
(dollar amounts in thousands) 2014 2013
Land and land improvements $ 137,702 $ 129,543
Buildings 367,225 356,555
Leasehold improvements 235,279 227,764
Equipment 627,307 669,482
Total premises and equipment 1,367,513 1,383,344
Less accumulated depreciation and amortization (751,106) (748,687)
N
et premises and equipmen
t
$ 616,407 $ 634,657
Depreciation and amortization charged to expense and rental income credited to net occupancy expense for the three years ended
December 31, 2014, 2013, and 2012 were:
(dollar amounts in thousands) 2014 2013 2012
Total depreciation and amortization of premises and equipment $ 82,296 $ 78,601 $ 76,170
Rental income credited to occupancy expense 11,556 12,542 11,519
9. SHORT-TERM BORROWINGS
Short-term borrowings at December 31, 2014 and 2013 were comprised of the following:
At December 31,
(dollar amounts in thousands) 2014 2013
Federal funds purchased and securities sold under agreements to repurchase $ 1,058,096 $ 548,605
Federal Home Loan Bank advances 1,325,000 1,800,000
Other borrowings 14,005 3,538
Total short-term borrowings $ 2,397,101 $ 2,352,143
Other borrowings consist of borrowings from the Treasury and other notes payable.