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Other Noninterest Income and Other Noninterest Expense
6 Months Ended
Jun. 30, 2017
Other Income and Expenses [Abstract]  
Other Noninterest Income and Other Noninterest Expense
Other Noninterest Income and Other Noninterest Expense
A summary of other noninterest income for the three and six months ended June 30, 2017 and 2016 is as follows:
 
 
Three months ended June 30,

Six months ended June 30,
(Dollars in thousands)
 
2017

2016

2017

2016
Fund management fees
 
$
5,536

 
$
4,298

 
$
10,705

 
$
8,918

Service-based fee income
 
1,496

 
2,148

 
3,391

 
4,240

Gains (losses) on revaluation of client foreign currency instruments, net (1)
 
2,375

 
(133
)
 
5,129

 
3,521

(Losses) gains on client foreign exchange forward contracts, net (1)
 
(2,190
)
 
68

 
(4,479
)
 
(5,586
)
Gains (losses) on revaluation of internal foreign currency instruments, net (2)
 
14,596

 
(5,307
)
 
18,704

 
(2,816
)
(Losses) gains on internal foreign exchange forward contracts, net (2)
 
(14,554
)
 
3,923

 
(17,799
)
 
1,715

Other (3)
 
5,552

 
4,966

 
9,581

 
7,641

Total other noninterest income
 
$
12,811

 
$
9,963

 
$
25,232

 
$
17,633

 
 
(1)
Represents the net revaluation of client foreign currency denominated financial instruments. We enter into client foreign exchange forward contracts to economically reduce our foreign exchange exposure related to client foreign currency denominated financial instruments.
(2)
Represents the net revaluation of foreign currency denominated financial instruments issued and held by us, primarily loans, deposits and cash. We enter into internal foreign exchange forward contracts to economically reduce our foreign exchange exposure related to these foreign currency denominated financial instruments issued and held by us.
(3)
Includes dividends on FHLB/FRB stock, correspondent bank rebate income, incentive fees related to carried interest and other fee income.
A summary of other noninterest expense for the three and six months ended June 30, 2017 and 2016 is as follows:
 
 
Three months ended June 30,
 
Six months ended June 30,
(Dollars in thousands)
 
2017
 
2016
 
2017
 
2016
Lending and other client related processing costs
 
$
6,332

 
$
3,541

 
$
11,871

 
$
7,836

Telephone
 
2,671

 
2,416

 
5,374

 
4,649

Data processing services
 
2,428

 
2,387

 
5,010

 
4,216

Dues and publications
 
677

 
647

 
1,472

 
1,449

Postage and supplies
 
652

 
784

 
1,401

 
1,574

Other
 
7,639

 
4,191

 
11,478

 
9,035

Total other noninterest expense
 
$
20,399

 
$
13,966

 
$
36,606

 
$
28,759