TCF Bank 2010 Annual Report Download - page 85

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• 69 •
2010 Form 10-K
The increase in impaired loans from December 31, 2009,
was primarily due to a $84.9 million increase in accruing
consumer real estate TDRs resulting from TCF’s expanded
consumer modification activity and an increase in accru-
ing commercial real estate loan TDRs. Included in impaired
loans were $326.1 million and $249.6 million of accruing
consumer real estate loan TDRs less than 90 days past due
as of December 31, 2010 and 2009, respectively.
Note 7. Premises and Equipment
Premises and equipment are summarized as follows.
At December 31,
(In thousands) 2010 2009
Land $145,304 $142,024
Office buildings 272,155 266,210
Leasehold improvements 62,433 59,284
Furniture and equipment 323,745 305,276
Subtotal 803,637 772,794
Less accumulated depreciation
and amortization 359,869 324,864
Total $443,768 $447,930
TCF leases certain premises and equipment under
operating leases. Net lease expense including utilities and
other operating expenses was $34.7 million, $35.3 million
and $35.5 million in 2010, 2009 and 2008, respectively.
At December 31, 2010, the total minimum rental payments
for operating leases were as follows.
(In thousands)
2011 $ 25,995
2012 23,818
2013 22,211
2014 20,776
2015 18,733
Thereafter 98,295
Total $209,828