Non-interest Income and Expense (Tables)

9 Months Ended

Sep. 30, 2020

The following table summarizes the Company’s non-interest income for the periods indicated:


	Three months ended September 30,				Nine months ended September 30,
(dollars in thousands)	2020		2019		2020		2019
ATM and interchange fees	$	5,637	$	5,427	$	15,913	$	15,412
Service charges on deposit accounts	3,334		4,327		10,426		12,389
Other service fees	805		808		2,296		2,198
Mortgage banking service fees	457		483		1,386		1,441
Change in value of mortgage servicing rights	236		(455)		(2,258)		(1,652)
Total service charges and fees	10,469		10,590		27,763		29,788
Increase in cash value of life insurance	773		773		2,203		2,294
Asset management and commission income	667		721		2,244		2,102
Gain on sale of loans	3,035		1,236		5,662		2,223
Lease brokerage income	175		172		495		631
Sale of customer checks	91		126		303		401
Gain on sale of investment securities	7		107		7		107
Gain on marketable equity securities	—		22		72		100
Other	(80)		361		(135)		1,688
Total other non-interest income	4,668		3,518		10,851		9,546
Total non-interest income	$	15,137	$	14,108	$	38,614	$	39,334

The components of non-interest expense were as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Base salaries, net of deferred loan origination costs	$	18,754	$	17,656	$	53,654	$	51,624
Incentive compensation	2,184		3,791		7,680		10,064
Benefits and other compensation costs	8,383		5,452		22,314		17,058
Total salaries and benefits expense	29,321		26,899		83,648		78,746
Occupancy	3,440		3,711		10,713		11,223
Data processing and software	3,561		3,411		10,585		10,114
Equipment	1,549		1,679		4,411		5,298
Intangible amortization	1,431		1,431		4,293		4,293
Advertising	869		1,358		2,065		4,222
ATM and POS network charges	1,314		1,343		3,897		3,936
Professional fees	955		999		2,399		2,895
Telecommunications	619		867		1,983		2,437
Regulatory assessments and insurance	538		94		993		1,095
Postage	118		438		691		1,063
Operational losses	154		228		559		679
Courier service	345		357		1,013		1,039
Gain on sale of foreclosed assets	—		(50)		(57)		(246)
Loss on disposal of fixed assets	22		2		37		82
Other miscellaneous expense	2,478		3,577		9,783		11,617
Total other non-interest expense	17,393		19,445		53,365		59,747
Total non-interest expense	$	46,714	$	46,344	$	137,013	$	138,493