XML 49 R38.htm IDEA: XBRL DOCUMENT v3.23.2
Non-interest Income and Expense (Tables)
 6 Months Ended
Jun. 30, 2023
Other Income and Expenses [Abstract]  
Summary of Components of Non-Interest Income The following table summarizes the Company’s non-interest income for the periods indicated:
Three months ended
June 30,		Six months ended
June 30,
(in thousands)2023202220232022
ATM and interchange fees$6,856 $6,984 $13,200 $13,227 
Service charges on deposit accounts4,581 4,163 8,012 7,997 
Other service fees992 1,279 2,158 2,161 
Mortgage banking service fees454 482 919 945 
Change in value of mortgage servicing rights85 136 (124)410 
Total service charges and fees12,968 13,044 24,165 24,740 
Increase in cash value of life insurance788 752 1,590 1,390 
Asset management and commission income1,158 1,039 2,092 1,926 
Gain on sale of loans295 542 501 1,788 
Lease brokerage income74 238 172 396 
Sale of customer checks407 441 695 545 
Loss on sale of investment securities— — (164)— 
(Loss) gain on marketable equity securities(42)(94)— (231)
Other93 468 325 972 
Total other non-interest income2,773 3,386 5,211 6,786 
Total non-interest income$15,741 $16,430 $29,376 $31,526 
Summary of Components of Non Interest Expense The components of non-interest expense were as follows:
Three months ended
June 30,		Six months ended
June 30,
(in thousands)2023202220232022
Base salaries, net of deferred loan origination costs$24,059 $22,169 $47,059 $40,385 
Incentive compensation4,377 4,282 7,272 6,865 
Benefits and other compensation costs6,278 6,491 12,946 12,463 
Total salaries and benefits expense34,714 32,942 67,277 59,713 
Occupancy3,991 3,996 8,151 7,571 
Data processing and software4,638 3,596 8,670 7,109 
Equipment1,436 1,453 2,819 2,786 
Intangible amortization1,656 1,702 3,312 2,930 
Advertising1,016 818 1,775 1,455 
ATM and POS network charges1,902 1,781 3,611 3,156 
Professional fees1,985 1,233 3,574 2,109 
Telecommunications809 564 1,404 1,085 
Regulatory assessments and insurance1,993 779 2,785 1,499 
Merger and acquisition expense— 2,221 — 6,253 
Postage311 313 610 541 
Operational losses1,090 456 1,525 273 
Courier service483 486 822 900 
Gain on sale or acquisition of foreclosed assets— (98)— (98)
Gain on disposal of fixed assets18 5 18 (1,073)
Other miscellaneous expense5,201 4,017 8,684 6,502 
Total other non-interest expense26,529 23,322 47,760 42,998 
Total non-interest expense$61,243 $56,264 $115,037 $102,711