Noninterest Income and Expense

3 Months Ended

Mar. 31, 2018

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 March 31,
	2018			2017
Service charges on deposit accounts	$	3,779		$	3,619
ATM and interchange fees		4,235			4,015
Other service fees		714			765
Mortgage banking service fees		517			521
Change in value of mortgage servicing rights		111			(13	)
Total service charges and fees		9,356			8,907
Commissions on sale of non-deposit investment products		876			607
Gain on sale of loans		626			910
Increase in cash value of life insurance		608			685
Gain on sale of foreclosed assets		371			118
Lease brokerage income		128			206
Sale of customer checks		101			104
Change in indemnification asset		—			(221	)
Life insurance proceeds in excess of cash value		—			107
Loss on disposal of fixed assets		(13	)		—
Loss on marketable equity securities		(47	)		—
Other		284			280
Total other noninterest income		2,934			2,796
Total noninterest income	$	12,290		$	11,703

Mortgage loan servicing fees, net of change in fair value of mortgage loan servicing rights, totaling $628,000 and $508,000 were recorded in service charges and fees noninterest income for the three months ended March 31, 2018 and 2017, respectively.

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

	Three months ended March 31,
	2018		2017
Base salaries, net of deferred loan origination costs	$	13,962	$	13,390
Incentive compensation		2,452		2,198
Benefits and other compensation costs		5,238		5,305
Total salaries and benefits expense		21,652		20,893
Occupancy		2,681		2,692
Data processing and software		2,514		2,396
Equipment		1,551		1,723
ATM and POS network charges		1,226		853
Advertising		838		967
Professional fees		773		766
Telecommunications		701		643
Change in reserve for unfunded commitments		700		15
Merger and acquisition expense		476		—
Assessments		430		405
Postage		358		404
Intangible amortization		339		359
Operational losses		294		435
Courier service		267		254
Provision for (reversal of) foreclosed asset losses		90		(66	)
Foreclosed assets expense		24		38
Other miscellaneous expense		3,248		3,045
Total other noninterest expense		16,510		14,929
Total noninterest expense	$	38,162	$	35,822
Merger and acquisition expense:
Professional fees	$	355		—
Advertising and marketing		8		—
Other miscellaneous expense		112		—
Total merger and acquisition expense	$	476		—