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Deposit-Related Loss	9 Months Ended
Sep. 30, 2017
Deposit-related Loss
Deposit-Related Loss	10. Deposit-Related Loss On August 8, 2017, the Company was made aware that checks deposited by our customer from a third party were being returned by another financial institution due to uncollected funds related to the third party. This caused a $10.3 million overdraft balance. Since August 8, 2017, the Company’s collection efforts have provided $2.2 million in funds to cover a portion of the overdraft, resulting in an $8.1 million pre-tax loss which is included in other non-interest expense in the consolidated statement of earnings. An investigation of the situation and the potential recovery of losses are ongoing including whether or not existing insurance policies will cover any of the loss. The Company intends to protect all of its rights pursuant to this matter and seek all available legal and equitable remedies, however, future recoveries are uncertain. The recovery process is expected to require an extended period of time to resolve, and the Company likely incur further legal expenses in pursuing our recovery efforts.

Deposit-Related Loss

9 Months Ended

Sep. 30, 2017

10. Deposit-Related Loss

On August 8, 2017, the Company was made aware that checks deposited by our customer from a third party were being returned by another financial institution due to uncollected funds related to the third party. This caused a $10.3 million overdraft balance. Since August 8, 2017, the Company’s collection efforts have provided $2.2 million in funds to cover a portion of the overdraft, resulting in an $8.1 million pre-tax loss which is included in other non-interest expense in the consolidated statement of earnings. An investigation of the situation and the potential recovery of losses are ongoing including whether or not existing insurance policies will cover any of the loss. The Company intends to protect all of its rights pursuant to this matter and seek all available legal and equitable remedies, however, future recoveries are uncertain. The recovery process is expected to require an extended period of time to resolve, and the Company likely incur further legal expenses in pursuing our recovery efforts.