XML 40 R22.htm IDEA: XBRL DOCUMENT v3.20.4
Other Noninterest Income and Other Noninterest Expense
 12 Months Ended
Dec. 31, 2020
Noninterest Expense [Abstract]  
Other Noninterest Income and Other Noninterest Expense
OTHER NONINTEREST INCOME AND OTHER NONINTEREST EXPENSE
Other noninterest income for the years ended December 31, 2020, 2019 and 2018 was $7.4 million, $18.4 million and $19.7 million, respectively. Prior to the adoption of ASC 326, the most significant item in other noninterest income was recoveries on PCI loans previously charged-off. BancShares recorded the portion of recoveries related to loans and leases written off prior to the closing of an acquisition as noninterest income rather than as an adjustment to the allowance for loan losses. These recoveries were $17.4 million and $16.6 million for the years ended December 31, 2019 and 2018, respectively. Following the adoption of ASC 326, these recoveries are recorded as an adjustment to the ACL. Other noninterest income also includes FHLB dividends and other various income items.
Other noninterest expense for the years ended December 31, 2020, 2019 and 2018 included the following:
(Dollars in thousands)202020192018
Core deposit intangible amortization$14,255 $16,346 $17,165 
Consultant expense12,751 12,801 14,345 
Advertising expense10,010 11,437 11,650 
Telecommunications expense12,179 9,391 10,471 
Other95,922 89,308 93,432 
Total other noninterest expense$145,117 $139,283 $147,063 
Other expense consists of miscellaneous expenses including travel, postage, supplies, appraisal expense and other operational losses. Advertising expense related to non-direct response advertisements are expensed as incurred.