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Other Noninterest Expense (Tables)
6 Months Ended
Jun. 30, 2022
Other Expense, Nonoperating [Abstract]  
Components of Other Noninterest Expense

Components of other noninterest expense are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Corporate value and franchise taxes

 

$

4,558

 

 

$

3,422

 

 

$

8,806

 

 

$

7,886

 

Advertising

 

 

3,512

 

 

 

2,276

 

 

 

6,678

 

 

 

4,762

 

Telecommunications and postage

 

 

2,971

 

 

 

3,163

 

 

 

5,896

 

 

 

6,481

 

Entertainment and contributions

 

 

2,440

 

 

 

1,487

 

 

 

5,401

 

 

 

2,934

 

Tax credit investment amortization

 

 

1,004

 

 

 

1,112

 

 

 

2,008

 

 

 

2,225

 

Printing and supplies

 

 

918

 

 

 

941

 

 

 

1,921

 

 

 

1,919

 

Travel expense

 

 

1,123

 

 

 

667

 

 

 

1,783

 

 

 

1,024

 

Net other retirement expense

 

 

(7,781

)

 

 

(6,806

)

 

 

(14,553

)

 

 

(13,351

)

Loss on facilities and equipment from consolidation

 

 

 

 

 

15,462

 

 

 

 

 

 

15,462

 

Loss on extinguishment of debt

 

 

 

 

 

4,165

 

 

 

 

 

 

4,165

 

Other miscellaneous

 

 

4,661

 

 

 

6,396

 

 

 

13,706

 

 

 

12,526

 

Total other noninterest expense

 

$

13,406

 

 

$

32,285

 

 

$

31,646

 

 

$

46,033