Noninterest Income and Expense

9 Months Ended

Sep. 30, 2018

Other Income and Expenses [Abstract]

Noninterest Income and Expense

Note 15 - Noninterest Income and Expense

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

	Three months ended September 30,						Nine months ended September 30,
	2018			2017			2018			2017
ATM and interchange fees	$	4,590		$	4,209		$	13,335		$	12,472
Service charges on deposit accounts		4,015			4,160			11,407			12,102
Other service fees		676			917			2,020			2,521
Mortgage banking service fees		499			514			1,527			1,561
Change in value of mortgage servicing rights		(37	)		(325	)		38			(795	)
Total service charges and fees		9,743			9,475			28,327			27,861
Commissions on sale of non-deposit investment products		728			672			2,414			1,984
Increase in cash value of life insurance		732			732			1,996			2,043
Gain on sale of loans		539			606			1,831			2,293
Lease brokerage income		186			234			514			601
Gain on sale of foreclosed assets		2			37			390			308
Sale of customer checks		88			89			327			287
Gain on sale of investment securities		207			961			207			961
Loss on disposal of fixed assets		(152	)		(33	)		(206	)		(61	)
Loss on marketable equity securities		(22	)		—			(92	)		—
Other		135			157			942			1,266
Total other noninterest income		2,443			3,455			8,323			9,682
Total noninterest income	$	12,186		$	12,930		$	36,650		$	37,543

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

	Three months ended September 30,					Nine months ended September 30,
	2018			2017		2018		2017
Base salaries, net of deferred loan origination costs	$	17,051		$	13,600	$	45,442	$	40,647
Incentive compensation		3,223			2,609		7,834		6,980
Benefits and other compensation costs		5,549			4,724		15,652		14,693
Total salaries and benefits expense		25,823			20,933		68,928		62,320
Occupancy		3,173			2,799		8,574		8,196
Data processing and software		2,786			2,495		7,979		7,332
Merger and acquisition expense		4,150			—		5,227		—
Equipment		1,750			1,816		4,938		5,344
ATM and POS network charges		1,195			1,425		3,858		3,353
Advertising		1,341			1,039		3,214		3,173
Professional fees		929			901		2,475		2,357
Telecommunications		819			716		2,201		2,027
Regulatory assessments and insurance		537			427		1,384		1,252
Intangible amortization		1,390			339		2,068		1,050
Postage		275			325		934		1,058
Courier service		278			235		769		752
Operational losses		217			301		763		1,166
Foreclosed assets expense		93			41		297		117
Provision for (reversal of) foreclosed asset losses		(1	)		134		89		162
Other miscellaneous expense		2,623			3,296		9,712		9,289
Total other noninterest expense		21,555			16,289		54,482		46,628
Total noninterest expense	$	47,378		$	37,222	$	123,410	$	108,948