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Noninterest Expense
12 Months Ended
Dec. 31, 2015
Noninterest Expense  
Noninterest Expense

 

19) Noninterest Expense

        The following table indicates the percentage of noninterest expense in each category for the periods indicated:

                                                                                                                                                                                    

 

 

Year Ended December 31,

 

 

 

2015

 

2014

 

2013

 

 

 

(Dollars in thousands)

 

Salaries and employee benefits

 

$

35,146

 

$

26,250

 

$

23,450

 

Occupancy and equipment

 

 

4,300

 

 

4,053

 

 

4,043

 

Acquisition and integration related costs(1)

 

 

3,546

 

 

895

 

 

 

Professional fees

 

 

1,828

 

 

1,891

 

 

2,588

 

Data processing

 

 

1,371

 

 

969

 

 

1,078

 

Software subscriptions

 

 

1,214

 

 

999

 

 

1,289

 

Insurance expense

 

 

1,127

 

 

1,126

 

 

1,032

 

FDIC deposit insurance premiums

 

 

1,092

 

 

892

 

 

894

 

Correspondent bank charges

 

 

1,021

 

 

760

 

 

684

 

Amortization on intangible assets

 

 

1,043

 

 

510

 

 

473

 

Foreclosed assets

 

 

(94

)

 

53

 

 

(251

)

Other

 

 

7,079

 

 

5,824

 

 

5,190

 

​  

​  

​  

​  

​  

​  

Total

 

$

58,673

 

$

44,222

 

$

40,470

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


  

(1)Does not include pre-tax severance and retention cost of $2,887,000, which is included in salaries and employee benefits for the year ended December 31, 2015.