Noninterest Income and Expense

9 Months Ended

Sep. 30, 2019

Other Income and Expenses [Abstract]

Noninterest Income and Expense

Note 11 - Non-interest Income and Expense

The following table summarizes the Company’s non-interest income for the periods indicated:

	Three months ended September 30,				Nine months ended September 30,
(dollars in thousands)	2019		2018		2019		2018
ATM and interchange fees	$	5,427	$	4,590	$	15,412	$	13,335
Service charges on deposit accounts	4,327		4,015		12,389		11,407
Other service fees	808		676		2,198		2,020
Mortgage banking service fees	483		499		1,441		1,527
Change in value of mortgage servicing rights	(455)		(37)		(1,652)		38
Total service charges and fees	10,590		9,743		29,788		28,327
Increase in cash value of life insurance	773		732		2,294		1,996
Asset management and commission income	721		728		2,102		2,414
Gain on sale of loans	1,236		539		2,223		1,831
Lease brokerage income	172		186		631		514
Sale of customer checks	126		88		401		327
Gain on sale of investment securities	107		207		107		207
Gain (loss) on marketable equity securities	22		(22)		100		(92)
Other	361		135		1,688		942
Total other non-interest income	3,518		2,593		9,546		8,139
Total non-interest income	$	14,108	$	12,336	$	39,334	$	36,466

The components of non-interest expense were as follows (in thousands):

	Three months ended September 30,				Nine months ended September 30,
	2019		2018		2019		2018
Base salaries, net of deferred loan origination costs	$	17,656	$	15,685	$	51,624	$	44,076
Incentive compensation	3,791		4,515		10,064		9,126
Benefits and other compensation costs	5,452		5,623		17,058		15,726
Total salaries and benefits expense	26,899		25,823		78,746		68,928
Occupancy	3,711		3,173		11,223		8,574
Data processing and software	3,411		2,786		10,114		7,979
Equipment	1,679		1,750		5,298		4,938
Intangible amortization	1,431		1,390		4,293		2,068
Advertising	1,358		1,341		4,222		3,214
ATM and POS network charges	1,343		1,197		3,936		3,860
Professional fees	999		1,352		2,895		2,898
Telecommunications	867		819		2,437		2,201
Regulatory assessments and insurance	94		537		1,095		1,384
Merger and acquisition expense	—		4,150		—		5,227
Postage	438		275		1,063		934
Operational losses	228		217		679		763
Courier service	357		278		1,039		769
Gain on sale of foreclosed assets	(50)		(2)		(246)		(390)
Loss on disposal of fixed assets	2		152		82		206
Other miscellaneous expense	3,577		2,290		11,617		9,673
Total other non-interest expense	19,445		21,705		59,747		54,298
Total non-interest expense	$	46,344	$	47,528	$	138,493	$	123,226