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Other Income and Other Operating Expenses (Tables)
9 Months Ended
Sep. 30, 2017
Other Income and Expenses [Abstract]  
Schedule of Other Income
The Corporation had the following other income for the three and nine month periods ended September 30, 2017 and 2016.
 
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
 
 
(In Thousands)
Trust income
 
$
1,130

 
$
—

 
$
2,287

 
$
—

Wealth Management income
 
487

 
773

 
1,908

 
2,269

Bank owned life insurance income
 
342

 
112

 
869

 
338

Miscellaneous loan fees
 
315

 
97

 
704

 
436

Fair value marks on loans held for sale
 
(177
)
 
(293
)
 
(265
)
 
655

Hedging gains (losses), net
 
(223
)
 
(1,194
)
 
(777
)
 
(2,483
)
Gains (losses) on sale of securities, net
 
—

 
—

 
—

 
109

Other service charges and fees
 
329

 
152

 
623

 
357

Other
 
166

 
473

 
1,568

 
2,829

 
 
$
2,369

 
$
120

 
$
6,917

 
$
4,510

Schedule of Other Expenses
The Corporation had the following other operating expenses for the three and nine month periods ended September 30, 2017 and 2016.
 
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
 
 
(In Thousands)
Merger related expenses
 
$
1,012

 
$
—

 
$
6,747

 
$
—

Data processing
 
77

 
263

 
1,226

 
669

Amortization
 
839

 
13

 
1,642

 
37

Business and franchise tax
 
515

 
238

 
985

 
717

FDIC insurance
 
387

 
168

 
1,248

 
475

Consulting fees
 
314

 
284

 
870

 
584

Advertising and promotional
 
211

 
142

 
548

 
541

Accounting and auditing
 
255

 
154

 
694

 
460

Investor fees
 
162

 
212

 
463

 
541

Telephone
 
256

 
94

 
519

 
281

Regulatory examinations
 
100

 
69

 
282

 
207

Stock option
 
107

 
83

 
310

 
251

Director fees
 
192

 
93

 
496

 
279

Credit report
 
106

 
77

 
292

 
199

Legal fees
 
158

 
47

 
285

 
117

Insurance
 
99

 
82

 
322

 
188

Publication and subscription
 
118

 
61

 
281

 
218

Disaster recovery
 
93

 
46

 
204

 
151

Office supplies-stationary print
 
136

 
52

 
288

 
149

FRB and bank analysis charges
 
87

 
43

 
179

 
123

Dues and memberships
 
38

 
20

 
109

 
67

Management fees
 
137

 
448

 
295

 
935

Verification fees
 
38

 
46

 
119

 
118

Travel
 
39

 
28

 
156

 
125

SBA guarantee fee
 
36

 
35

 
104

 
112

Early payoff
 
71

 
4

 
121

 
215

Business development and meals
 
21

 
23

 
79

 
83

Automotive
 
17

 
15

 
50

 
41

Appraisal fee
 
9

 
11

 
33

 
30

Courier
 
31

 
13

 
79

 
42

Common stock
 
6

 
40

 
57

 
81

Education and training
 
26

 
24

 
57

 
151

Bank paid closing costs
 
8

 
4

 
55

 
23

Postage
 
6

 
22

 
95

 
69

Goodwill impairment
 
1,491

 
—

 
1,491

 
—

Other
 
1,476

 
239

 
2,813

 
761

 
 
$
8,674

 
$
3,193

 
$
23,594

 
$
9,040