Noninterest Income and Expense

9 Months Ended

Sep. 30, 2015

Other Income and Expenses [Abstract]

Noninterest Income and Expense

Note 21 – Noninterest Income and Expense

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

	Three months ended September 30,						Nine months ended September 30,
	2015			2014			2015			2014
Service charges on deposit accounts	$	3,642		$	2,885		$	10,879		$	8,299
ATM and interchange fees		3,344			2,329			9,729			6,534
Other service fees		772			545			2,265			1,598
Mortgage banking service fees		521			419			1,583			1,260
Change in value of mortgage servicing rights		(585	)		(88	)		(570	)		(620	)
Total service charges and fees		7,694			6,090			23,886			17,071
Gain on sale of loans		722			509			2,181			1,487
Commissions on sale of non-deposit investment products		812			703			2,561			2,317
Increase in cash value of life insurance		770			490			2,121			1,287
Change in indemnification asset		(26	)		14			(148	)		(491	)
Gain (loss) on sale of foreclosed assets		356			385			782			1,853
Sale of customer checks		129			97			378			296
Lease brokerage income		161			167			543			385
Gain (loss) on disposal of fixed assets		(42	)		(10	)		(125	)		60
Other		1,066			144			1,723			496
Total other noninterest income		3,948			2,499			10,016			7,690
Total noninterest income	$	11,642		$	8,589		$	33,902		$	24,761
Mortgage loan servicing fees, net of change in fair value of mortgage loan servicing rights	$	(64	)	$	331		$	1,013		$	640
Mortgage banking revenue	$	658		$	840		$	3,194		$	2,127

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

	Three months ended September 30,					Nine months ended September 30,
	2015			2014		2015			2014
Base salaries, net of deferred loan origination costs	$	11,562		$	9,066	$	34,808		$	26,940
Incentive compensation		1,674			1,265		4,660			3,593
Benefits and other compensation costs		4,297			3,038		13,407			9,456
Total salaries and benefits expense		17,533			13,369		52,875			39,989
Occupancy		2,599			1,971		7,557			5,735
Equipment		1,417			995		4,358			3,091
Data processing and software		1,869			1,577		5,655			4,105
ATM network charges		757			657		2,512			2,010
Telecommunications		658			648		2,329			1,941
Postage		314			179		956			627
Courier service		303			269		804			727
Advertising		926			581		2,736			1,264
Assessments		642			493		1,987			1,495
Operational losses		201			138		474			465
Professional fees		999			903		3,153			2,792
Foreclosed assets expense		105			94		305			403
Provision for foreclosed asset losses		106			98		347			137
Change in reserve for unfunded commitments		(40	)		175		(60	)		(195	)
Intangible amortization		289			53		867			157
Merger expense		—			625		586			1,268
Other		2,761			2,555		8,716			7,802
Total other noninterest expense		13,906			12,011		43,282			33,824
Total noninterest expense	$	31,439		$	25,380	$	96,157		$	73,813
Merger expense:
Data processing and software		—		$	60	$	108		$	60
Professional fees		—			565		120			1,033
Other		—			—		358			175
Total merger expense		—		$	625	$	586		$	1,268