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Noninterest Income and Expense (Tables)
3 Months Ended
Mar. 31, 2015
Other Income and Expenses [Abstract]  
Components of Other Noninterest Income

The components of other noninterest income were as follows (in thousands):

 

     Three months ended March 31,  
     2015     2014  

Service charges on deposit accounts

   $ 3,600      $ 2,690   

ATM and interchange fees

     3,002        2,013   

Other service fees

     714        520   

Mortgage banking service fees

     534        420   

Change in value of mortgage servicing rights

     (506     (181
  

 

 

   

 

 

 

Total service charges and fees

  7,344      5,462   
  

 

 

   

 

 

 

Gain on sale of loans

  622      464   

Commissions on sale of non-deposit investment products

  965      771   

Increase in cash value of life insurance

  675      397   

Change in indemnification asset

  (65   (412

Gain on sale of foreclosed assets

  311      1,227   

Sale of customer checks

  128      101   

Lease brokerage income

  137      107   

Loss on disposal of fixed assets

  (84   (1

Other

  147      179   
  

 

 

   

 

 

 

Total other noninterest income

  2,836      2,833   
  

 

 

   

 

 

 

Total noninterest income

$ 10,180    $ 8,295   
  

 

 

   

 

 

 
Components of Noninterest Expense

The components of noninterest expense were as follows (in thousands):

 

     Three months ended March 31,  
     2015     2014  

Base salaries, net of deferred loan origination costs

   $ 11,744      $ 8,866   

Incentive compensation

     1,596        1,123   

Benefits and other compensation costs

     4,760        3,314   
  

 

 

   

 

 

 

Total salaries and benefits expense

  18,100      13,303   
  

 

 

   

 

 

 

Occupancy

  2,417      1,962   

Equipment

  1,414      1,036   

Data processing and software

  1,952      1,178   

ATM network charges

  770      643   

Telecommunications

  886      580   

Postage

  312      227   

Courier service

  248      234   

Advertising

  808      342   

Assessments

  651      521   

Operational losses

  124      177   

Professional fees

  1,119      614   

Foreclosed assets expense

  98      158   

Provision for foreclosed asset losses

  67      36   

Change in reserve for unfunded commitments

  (130   (185

Intangible amortization

  289      52   

Merger expense

  586      225   

Other

  2,571      2,214   
  

 

 

   

 

 

 

Total other noninterest expense

  14,182      10,014   
  

 

 

   

 

 

 

Total noninterest expense

$ 32,282    $ 23,317   
  

 

 

   

 

 

 

Merger expense:

Data processing and software

$ 108      —     

Professional fees

  120    $ 225   

Other

  358      —     
  

 

 

   

 

 

 

Total merger expense

$ 586    $ 225