Other Noninterest Income and Other Noninterest Expense

12 Months Ended

Dec. 31, 2017

Other Noninterest Income and Other Noninterest Expense

OTHER NONINTEREST INCOME AND OTHER NONINTEREST EXPENSE

Other noninterest income for the years ended December 31, 2017, 2016 and 2015 was $47.8 million, $34.2 million and $36.4 million, respectively. The most significant item in other noninterest income was recoveries on PCI loans that have been previously charged-off. BancShares records the portion of recoveries not covered under shared-loss agreements as noninterest income rather than as an adjustment to the allowance for loan losses. These recoveries were $21.1 million, $20.1 million and $21.2 million for the years ended December 31, 2017, 2016 and 2015, respectively. Charge-offs on PCI loans are recorded against the discount recognized on the date of acquisition versus through the allowance for loan losses unless an allowance was established subsequent to the acquisition date due to declining expected cash flow. Additionally, another large increase in other noninterest income in 2017 was related to the early termination of two forward starting FHLB advances that resulted in a gain of $12.5 million.

Other noninterest expense for the years ended December 31, 2017, 2016 and 2015 included the following:



(Dollars in thousands)	2017		2016		2015
Processing fees paid to third parties	25,673		18,976		18,779
Cardholder reward programs	9,956		10,615		11,069
Telecommunications	12,172		14,496		14,406
Consultant	14,963		10,931		8,925
Core deposit intangible amortization	17,194		16,851		18,892
Advertising	11,227		10,239		12,431
Other	95,014		98,607		87,938
Total other noninterest expense	$	186,199	$	180,715	$	172,440