Components
of Noninterest Income and Expenses
|
 |
|
 |
|
($ in thousands)
|
Years
Ended December 31,
|
|
|
2002 |
2001 |
2000 |
|
|
| NONINTEREST INCOME |
| Service charges on deposit accounts |
$ 23,410 |
$ 18,689 |
|
$ 17,956 |
|
| Fees for investment
services |
6,423 |
5,633 |
|
5,807 |
|
| Mortgage banking income |
5,144 |
6,370 |
|
6,303 |
|
| Bank-owned life insurance |
7,429 |
7,209 |
|
4,139 |
|
| Merchant processing fees |
5,908 |
5,799 |
|
2,666 |
|
| Other |
5,206 |
5,012 |
|
5,657 |
|
|
| Noninterest
income, excluding gains on asset sales |
53,520 |
48,712 |
|
42,528 |
|
|
| Gain (loss) on sale of available for
sale securities |
2,985 |
3,458 |
|
(5,391 |
) |
| Gain on equity investments |
3,135 |
354 |
|
9,219 |
|
| Gain on disposition of assets and
liabilities |
— |
960 |
|
2,189 |
|
|
| Gains
on asset sales |
6,120 |
4,772 |
|
6,017 |
|
|
| Total
noninterest income |
$ 59,640 |
$53,484 |
|
$ 48,545 |
|
|
| NONINTEREST EXPENSES |
| Personnel expense |
$ 75,118 |
$ 61,231 |
|
$ 65,936 |
|
| Occupancy |
15,238 |
14,269 |
|
15,340 |
|
| Furniture and equipment |
15,341 |
13,526 |
|
12,796 |
|
| Amortization of intangibles |
1,519 |
5,765 |
|
6,407 |
|
| Other |
45,311 |
41,426 |
|
41,290 |
|
| |
| Noninterest
expenses, excluding non-operating items |
152,527 |
137,307 |
|
141,769 |
|
|
| Merger-related costs (recoveries) |
6,664 |
|
(501 |
) |
29,198 |
|
| Impairment loss from write-down of assets and
receivables |
1,449 |
243 |
|
4,090 |
|
| Loss on early extinguishment of debt |
354 |
3,106 |
|
— |
|
| Employment contract payments and benefit plan
changes |
1,846 |
— |
|
1,161 |
|
| System conversion costs |
— |
— |
|
4,021 |
|
| Other (a) |
— |
665 |
|
1,299 |
|
|
| Noninterest
expenses, non-operating items |
10,313 |
3,513 |
|
39,769 |
|
|
| Total noninterest expenses |
$ 162,840 |
$140,820 |
|
$181,538 |
|
|
Notes:
(a) Other includes charitable contribution of premises in 2001
and charges associated with Anchor Financial merger in 2000.
|
|
|
|