Noninterest Income and Expense

6 Months Ended

Jun. 30, 2018

Other Income and Expenses [Abstract]

Noninterest Income and Expense

Note 21 - Noninterest Income and Expense

The following table summarizes the Company’s noninterest income for the periods indicated (in thousands):

	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018			2017
Service charges on deposit accounts	$	3,613		$	4,323		$	7,392		$	7,942
ATM and interchange fees		4,510			4,248			8,745			8,263
Other service fees		630			839			1,344			1,604
Mortgage banking service fees		511			526			1,028			1,047
Change in value of mortgage servicing rights		(36	)		(457	)		75			(470	)
Total service charges and fees		9,228			9,479			18,584			18,386
Commissions on sale of non-deposit investment products		810			705			1,686			1,312
Gain on sale of loans		666			777			1,292			1,687
Increase in cash value of life insurance		656			626			1,264			1,311
Gain on sale of foreclosed assets		17			153			388			271
Lease brokerage income		200			161			328			367
Sale of customer checks		138			94			239			198
Change in indemnification asset		—			711			—			490
Life insurance proceeds in excess of cash value		—			—			—			108
Loss on disposal of fixed assets		(41	)		(28	)		(54	)		(28	)
Loss on marketable equity securities		(23	)		—			(70	)		—
Other		523			232			807			511
Total other noninterest income		2,946			3,431			5,880			6,227
Total noninterest income	$	12,174		$	12,910		$	24,464		$	24,613

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

	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018		2017
Base salaries, net of deferred loan origination costs	$	14,429		$	13,657		$	28,391	$	27,047
Incentive compensation		2,159			2,173			4,611		4,371
Benefits and other compensation costs		4,865			4,664			10,103		9,969
Total salaries and benefits expense		21,453			20,494			43,105		41,387
Occupancy		2,720			2,705			5,401		5,397
Data processing and software		2,679			2,441			5,193		4,837
Equipment		1,637			1,805			3,188		3,528
ATM and POS network charges		1,437			1,075			2,663		1,928
Advertising		1,035			1,167			1,873		2,134
Professional fees		774			690			1,546		1,456
Telecommunications		681			668			1,382		1,311
Change in reserve for unfunded commitments		(137	)		(135	)		563		(120	)
Merger and acquisition expense		601			—			1,077		—
Assessments		417			420			847		825
Postage		301			329			659		733
Intangible amortization		339			352			678		711
Operational losses		252			430			546		865
Courier service		224			263			491		517
Provision for foreclosed asset losses		—			94			90		28
Foreclosed assets expense		180			38			204		76
Other miscellaneous expense		3,277			3,068			6,526		6,113
Total other noninterest expense		16,417			15,410			32,927		30,339
Total noninterest expense	$	37,870		$	35,904		$	76,032	$	71,726
Merger and acquisition expense:
Occupancy	$	49		$	—		$	49	$	—
Equipment		11			—			11		—
Professional fees		196			—			552		—
Advertising and marketing		164			—			172		—
Postage		7			—			7		—
Other miscellaneous expense		174			—			286		—
Total merger and acquisition expense	$	601		$	—		$	1,077	$	—