our ability to maintain important deposit customer relationships and our reputation ; · our ability to maintain effective internal control over financial reporting ; · operational risks associated with our business ; · increased competition in the financial services industry , particularly from regional and national institutions ; · volatility and direction of market interest rates ; · liquidity risks associated with our business ; · systems failures or interruptions involving our information technology and telecommunications systems or third‑party servicers ; · interruptions or breaches in our information system security ; · the failure of certain third-party vendors to perform ; · environmental liability associated with our lending activities ; · the institution and outcome of litigation and other legal proceedings against us or to which we may become subject ; · the costs and effects of regulatory or other governmental inquiries , the results of regulatory examinations or reviews or the ability to obtain required regulatory approvals ; 48 · changes in the laws , rules , regulations , interpretations or policies relating to financial institution , accounting , tax , trade , monetary and fiscal matters ; · further government intervention in the u.s. financial system ; and · other risks , uncertainties , and factors that are discussed from time to time in our reports and documents filed with the sec . the foregoing factors should not be construed as exhaustive and should be read together with the other cautionary statements included in this annual report on form 10-k. if one or more events related to these or other risks or uncertainties materialize , or if our underlying assumptions prove to be incorrect , actual results may differ materially from what we anticipate . accordingly , you should not place undue reliance on any such forward‑looking statements . any forward‑looking statement speaks only as of the date on which it is made and we do not undertake any obligation to publicly update or review any forward‑looking statement , whether as a result of new information , future developments or otherwise . new factors emerge from time to time and it is not possible for us to predict which will arise . in addition , we can not assess the impact of each factor on our business or the extent to which any factor , or combination of factors , may cause actual results to differ materially from those contained in any forward‑looking statements . the following discussion and analysis of our financial condition and results of operations should be read in conjunction with “ item 6. selected financial data ” and our consolidated financial statements and the accompanying notes included elsewhere in this annual report on form 10-k. this discussion and analysis contains forward-looking statements that are subject to certain risks and uncertainties and are based on certain assumptions that we believe are reasonable but may prove to be inaccurate . certain risks , uncertainties and other factors , including those set forth in “ item 1a . – risk factors ” and elsewhere in this annual report on form 10-k , may cause actual results to differ materially from those projected results discussed in the forward-looking statements appearing in this discussion and analysis . we assume no obligation to update any of these forward-looking statements . overview we operate through one segment , community banking . our primary source of funds is deposits and our primary use of funds is loans . most of our revenue is generated from interest on loans and investments . we incur interest expense on deposits and other borrowed funds as well as noninterest expense , such as salaries and employee benefits and occupancy expenses . our operating results depend primarily on our net interest income , calculated as the difference between interest income on interest‑earning assets , such as loans and securities and interest expense on interest‑bearing liabilities , such as deposits and borrowings . changes in market interest rates and the interest rates we earn on interest‑earning assets or pay on interest‑bearing liabilities , as well as in the volume and types of interest‑earning assets , interest‑bearing and noninterest‑bearing liabilities , are usually the largest drivers of periodic changes in net interest spread , net interest margin and net interest income . fluctuations in market interest rates are driven by many factors , including governmental monetary policies , inflation , deflation , macroeconomic developments , changes in unemployment , the money supply , political and international conditions and conditions in domestic and foreign financial markets . periodic changes in the volume and types of loans in our loan portfolio are affected by , among other factors , economic and competitive conditions in texas , as well as developments affecting the real estate , technology , financial services , insurance , transportation , manufacturing and energy sectors within our target markets and throughout the state of texas . we maintain diversity in our loan portfolio as a means of managing risk associated with fluctuations in economic conditions . our focus on lending to small to medium‑sized businesses and professionals in our market areas has resulted in a diverse loan portfolio comprised primarily of core relationships . we carefully monitor exposure to certain asset classes to minimize the impact of a downturn in the value of such assets . we seek to remain competitive with respect to interest rates on loans and deposits , as well as prices on fee‑based services , which are typically significant competitive factors within the banking and financial services industry . many of our competitors are much larger financial institutions that have greater financial resources than we do and compete aggressively for market share . through our relationship‑driven , community banking strategy , a significant portion of our continued growth has been through referral business from our existing customers and professionals in our markets including attorneys , accountants and other professional service providers . story_separator_special_tag for the year ended december 31 , 2017 , a recapture of $ 338,000 was recorded , compared to a $ 4.6 million provision for the year ended december 31 , 2016. the recapture recorded during 2017 is primarily the result of pay‑offs of certain classified and problem loans , which resulted in the reversal of their related allowance for loan losses . noninterest income for the year ended december 31 , 2017 , noninterest income totaled $ 14.2 million , a decrease of $ 1.5 million , or 9.8 % , compared to $ 15.7 million for the year ended december 31 , 2016. the major categories of noninterest income for the periods indicated were as follows : replace_table_token_15_th deposit account service charges . service charges on customer deposit accounts were $ 5.8 million for the year ended december 31 , 2017 , a decrease of $ 738,000 , or 11.3 % , over the same period in 2016. these decreases were predominately due to a reduction of non‑sufficient and overdraft charges incurred by our deposit customers . net gain on sale of assets . net gain on sale of assets was $ 1.5 million for the year ended december 31 , 2017 , a decrease of $ 398,000 , or 20.7 % , over the same period in 2016. net gain on sale of assets for the year ended december 31 , 2017 , primarily related to the settlement of a legal matter related to one of our branches and the sale of certain assets of two branches . net gain on sale of assets for the year ended december 31 , 2016 was primarily attributed to the sale of one of our branch locations during that period . 57 other . other noninterest income decreased $ 734,000 , or 28.4 % , from $ 2.6 million for the year ended december 31 , 2016 , to $ 1.8 million for the year ended december 31 , 2017. the decrease is primarily due to the income generated during the year ended december 31 , 2016 by our investments in partnerships and funds associated with the small business investment company , or sbic , program of the sba of $ 629,000. our investments in these partnerships and funds aid the company in meeting its cra requirements . the partnerships and funds are licensed small business investment companies whose income is primarily derived from investment in small businesses and ultimate liquidation of these investments at a future date for profit . noninterest expense for the year ended december 31 , 2017 , noninterest expense totaled $ 78.3 million , an increase of $ 4.8 million , or 6.5 % , compared to $ 73.5 million for the year ended december 31 , 2016. the major categories of noninterest expense for the periods indicated were as follows : replace_table_token_16_th salaries and employee benefits . salaries and employee benefits were $ 48.6 million for the year ended december 31 , 2017 , an increase of $ 4.3 million , or 9.8 % , compared to $ 44.2 million for the same period in 2016. the increase in 2017 was due to increases in salaries and incentive compensation resulting from bonuses and deferred compensation expense and a $ 2.5 million charge for change of control payments to certain employees triggered by to our initial public offering . net occupancy expenses . net occupancy expenses were $ 9.2 million and $ 10.1 million for the year ended december 31 , 2017 and 2016 , respectively . the decrease during 2017 was primarily due to the closing of multiple branches during 2017 and 2016 and a reduction in repairs , maintenance and janitorial services . professional and director fees . professional and director fees were $ 3.1 million and $ 2.5 million for the year ended december 31 , 2017 and 2016 , respectively . the increase of $ 624,000 for the year ended december 31 , 2017 , compared to the year ended december 31 , 2016 , is primarily due to increased audit fees as a result of the company 's initial public offering . software . the increase in software expense of $ 529,000 , or 77.9 % , was primarily due to increases in software licenses . advertising and marketing expenses . advertising and promotion‑related expenses were $ 1.5 million and $ 789,000 for the year ended december 31 , 2017 and 2016 , respectively . the increase in 2017 was primarily due to an increase in media costs associated with the company 's branding campaign that began early in the second quarter of 2017 . 58 income tax expense for the years ended december 31 , 2017 and 2016 , income tax expense totaled $ 16.5 million and $ 12.0 million and our effective tax rate for those periods was 37.4 % and 30.7 % , respectively . the increase in tax expense for the year ended december 31 , 2017 , compared to the year ended december 31 , 2016 , is due to the deferred tax asset remeasurement adjustment of $ 3.9 million recorded in the fourth quarter of 2017 related to the tax cuts and jobs act which was effective january 1 , 2018 and true-ups and return to provision adjustments booked in 2017. the tax rate for 2017 would have been 28.6 % without the impact of the deferred tax remeasurement adjustment . financial condition total assets were $ 3.3 billion as of december 31 , 2018 , compared to $ 3.1 billion as of december 31 , 2017. the increase of $ 198.0 million , or 6.4 % , due primarily to an increase in loans of $ 135.3 million , a $ 55.9 million increase in cash and cash equivalents and a $ 6.8 million increase in securities . total liabilities were $ 2.8 billion as of december 31 , 2018 , compared to $ 2.6 billion as of december 31 , 2017. the

junior subordinated debt . prior to being acquired in 2008 by the company , crosby bancshares , inc. received proceeds of junior subordinated debt held by a trust that is funded by common securities purchased by crosby bancshares , inc. and trust preferred securities in the amount of $ 5.0 million that are held by other investors . funds raised by the trust totaling $ 5.2 million were loaned to crosby bancshares , inc. in the form of junior subordinated debt . this debt was assumed by the company at the date of acquisition . on december 17 , 2018 , the crosby statutory trust i , or crosby trust , redeemed all of the crosby trust 's issued and outstanding trust preferred securities as a result of the concurrent redemption made by the company of its junior subordinated debt securities held by the crosby trust . the aggregate redemption price paid by the company , including accrued and unpaid interest , was $ 5.2 million . prior to being acquired in 2007 by the company , county bancshares , inc. received proceeds of junior subordinated debt held by a trust that is funded by common securities , all of which were purchased by county bancshares , inc. and trust preferred securities in the amount of $ 5.5 million that are held by other investors . funds raised by the trust totaling $ 5.7 million were loaned to county bancshares , inc. in the form of junior subordinated debt . this debt was transferred to the company at the date of acquisition .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```junior subordinated debt . prior to being acquired in 2008 by the company , crosby bancshares , inc. received proceeds of junior subordinated debt held by a trust that is funded by common securities purchased by crosby bancshares , inc. and trust preferred securities in the amount of $ 5.0 million that are held by other investors . funds raised by the trust totaling $ 5.2 million were loaned to crosby bancshares , inc. in the form of junior subordinated debt . this debt was assumed by the company at the date of acquisition . on december 17 , 2018 , the crosby statutory trust i , or crosby trust , redeemed all of the crosby trust 's issued and outstanding trust preferred securities as a result of the concurrent redemption made by the company of its junior subordinated debt securities held by the crosby trust . the aggregate redemption price paid by the company , including accrued and unpaid interest , was $ 5.2 million . prior to being acquired in 2007 by the company , county bancshares , inc. received proceeds of junior subordinated debt held by a trust that is funded by common securities , all of which were purchased by county bancshares , inc. and trust preferred securities in the amount of $ 5.5 million that are held by other investors . funds raised by the trust totaling $ 5.7 million were loaned to county bancshares , inc. in the form of junior subordinated debt . this debt was transferred to the company at the date of acquisition .
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 Suspicious Activity Report : our ability to maintain important deposit customer relationships and our reputation ; · our ability to maintain effective internal control over financial reporting ; · operational risks associated with our business ; · increased competition in the financial services industry , particularly from regional and national institutions ; · volatility and direction of market interest rates ; · liquidity risks associated with our business ; · systems failures or interruptions involving our information technology and telecommunications systems or third‑party servicers ; · interruptions or breaches in our information system security ; · the failure of certain third-party vendors to perform ; · environmental liability associated with our lending activities ; · the institution and outcome of litigation and other legal proceedings against us or to which we may become subject ; · the costs and effects of regulatory or other governmental inquiries , the results of regulatory examinations or reviews or the ability to obtain required regulatory approvals ; 48 · changes in the laws , rules , regulations , interpretations or policies relating to financial institution , accounting , tax , trade , monetary and fiscal matters ; · further government intervention in the u.s. financial system ; and · other risks , uncertainties , and factors that are discussed from time to time in our reports and documents filed with the sec . the foregoing factors should not be construed as exhaustive and should be read together with the other cautionary statements included in this annual report on form 10-k. if one or more events related to these or other risks or uncertainties materialize , or if our underlying assumptions prove to be incorrect , actual results may differ materially from what we anticipate . accordingly , you should not place undue reliance on any such forward‑looking statements . any forward‑looking statement speaks only as of the date on which it is made and we do not undertake any obligation to publicly update or review any forward‑looking statement , whether as a result of new information , future developments or otherwise . new factors emerge from time to time and it is not possible for us to predict which will arise . in addition , we can not assess the impact of each factor on our business or the extent to which any factor , or combination of factors , may cause actual results to differ materially from those contained in any forward‑looking statements . the following discussion and analysis of our financial condition and results of operations should be read in conjunction with “ item 6. selected financial data ” and our consolidated financial statements and the accompanying notes included elsewhere in this annual report on form 10-k. this discussion and analysis contains forward-looking statements that are subject to certain risks and uncertainties and are based on certain assumptions that we believe are reasonable but may prove to be inaccurate . certain risks , uncertainties and other factors , including those set forth in “ item 1a . – risk factors ” and elsewhere in this annual report on form 10-k , may cause actual results to differ materially from those projected results discussed in the forward-looking statements appearing in this discussion and analysis . we assume no obligation to update any of these forward-looking statements . overview we operate through one segment , community banking . our primary source of funds is deposits and our primary use of funds is loans . most of our revenue is generated from interest on loans and investments . we incur interest expense on deposits and other borrowed funds as well as noninterest expense , such as salaries and employee benefits and occupancy expenses . our operating results depend primarily on our net interest income , calculated as the difference between interest income on interest‑earning assets , such as loans and securities and interest expense on interest‑bearing liabilities , such as deposits and borrowings . changes in market interest rates and the interest rates we earn on interest‑earning assets or pay on interest‑bearing liabilities , as well as in the volume and types of interest‑earning assets , interest‑bearing and noninterest‑bearing liabilities , are usually the largest drivers of periodic changes in net interest spread , net interest margin and net interest income . fluctuations in market interest rates are driven by many factors , including governmental monetary policies , inflation , deflation , macroeconomic developments , changes in unemployment , the money supply , political and international conditions and conditions in domestic and foreign financial markets . periodic changes in the volume and types of loans in our loan portfolio are affected by , among other factors , economic and competitive conditions in texas , as well as developments affecting the real estate , technology , financial services , insurance , transportation , manufacturing and energy sectors within our target markets and throughout the state of texas . we maintain diversity in our loan portfolio as a means of managing risk associated with fluctuations in economic conditions . our focus on lending to small to medium‑sized businesses and professionals in our market areas has resulted in a diverse loan portfolio comprised primarily of core relationships . we carefully monitor exposure to certain asset classes to minimize the impact of a downturn in the value of such assets . we seek to remain competitive with respect to interest rates on loans and deposits , as well as prices on fee‑based services , which are typically significant competitive factors within the banking and financial services industry . many of our competitors are much larger financial institutions that have greater financial resources than we do and compete aggressively for market share . through our relationship‑driven , community banking strategy , a significant portion of our continued growth has been through referral business from our existing customers and professionals in our markets including attorneys , accountants and other professional service providers . story_separator_special_tag for the year ended december 31 , 2017 , a recapture of $ 338,000 was recorded , compared to a $ 4.6 million provision for the year ended december 31 , 2016. the recapture recorded during 2017 is primarily the result of pay‑offs of certain classified and problem loans , which resulted in the reversal of their related allowance for loan losses . noninterest income for the year ended december 31 , 2017 , noninterest income totaled $ 14.2 million , a decrease of $ 1.5 million , or 9.8 % , compared to $ 15.7 million for the year ended december 31 , 2016. the major categories of noninterest income for the periods indicated were as follows : replace_table_token_15_th deposit account service charges . service charges on customer deposit accounts were $ 5.8 million for the year ended december 31 , 2017 , a decrease of $ 738,000 , or 11.3 % , over the same period in 2016. these decreases were predominately due to a reduction of non‑sufficient and overdraft charges incurred by our deposit customers . net gain on sale of assets . net gain on sale of assets was $ 1.5 million for the year ended december 31 , 2017 , a decrease of $ 398,000 , or 20.7 % , over the same period in 2016. net gain on sale of assets for the year ended december 31 , 2017 , primarily related to the settlement of a legal matter related to one of our branches and the sale of certain assets of two branches . net gain on sale of assets for the year ended december 31 , 2016 was primarily attributed to the sale of one of our branch locations during that period . 57 other . other noninterest income decreased $ 734,000 , or 28.4 % , from $ 2.6 million for the year ended december 31 , 2016 , to $ 1.8 million for the year ended december 31 , 2017. the decrease is primarily due to the income generated during the year ended december 31 , 2016 by our investments in partnerships and funds associated with the small business investment company , or sbic , program of the sba of $ 629,000. our investments in these partnerships and funds aid the company in meeting its cra requirements . the partnerships and funds are licensed small business investment companies whose income is primarily derived from investment in small businesses and ultimate liquidation of these investments at a future date for profit . noninterest expense for the year ended december 31 , 2017 , noninterest expense totaled $ 78.3 million , an increase of $ 4.8 million , or 6.5 % , compared to $ 73.5 million for the year ended december 31 , 2016. the major categories of noninterest expense for the periods indicated were as follows : replace_table_token_16_th salaries and employee benefits . salaries and employee benefits were $ 48.6 million for the year ended december 31 , 2017 , an increase of $ 4.3 million , or 9.8 % , compared to $ 44.2 million for the same period in 2016. the increase in 2017 was due to increases in salaries and incentive compensation resulting from bonuses and deferred compensation expense and a $ 2.5 million charge for change of control payments to certain employees triggered by to our initial public offering . net occupancy expenses . net occupancy expenses were $ 9.2 million and $ 10.1 million for the year ended december 31 , 2017 and 2016 , respectively . the decrease during 2017 was primarily due to the closing of multiple branches during 2017 and 2016 and a reduction in repairs , maintenance and janitorial services . professional and director fees . professional and director fees were $ 3.1 million and $ 2.5 million for the year ended december 31 , 2017 and 2016 , respectively . the increase of $ 624,000 for the year ended december 31 , 2017 , compared to the year ended december 31 , 2016 , is primarily due to increased audit fees as a result of the company 's initial public offering . software . the increase in software expense of $ 529,000 , or 77.9 % , was primarily due to increases in software licenses . advertising and marketing expenses . advertising and promotion‑related expenses were $ 1.5 million and $ 789,000 for the year ended december 31 , 2017 and 2016 , respectively . the increase in 2017 was primarily due to an increase in media costs associated with the company 's branding campaign that began early in the second quarter of 2017 . 58 income tax expense for the years ended december 31 , 2017 and 2016 , income tax expense totaled $ 16.5 million and $ 12.0 million and our effective tax rate for those periods was 37.4 % and 30.7 % , respectively . the increase in tax expense for the year ended december 31 , 2017 , compared to the year ended december 31 , 2016 , is due to the deferred tax asset remeasurement adjustment of $ 3.9 million recorded in the fourth quarter of 2017 related to the tax cuts and jobs act which was effective january 1 , 2018 and true-ups and return to provision adjustments booked in 2017. the tax rate for 2017 would have been 28.6 % without the impact of the deferred tax remeasurement adjustment . financial condition total assets were $ 3.3 billion as of december 31 , 2018 , compared to $ 3.1 billion as of december 31 , 2017. the increase of $ 198.0 million , or 6.4 % , due primarily to an increase in loans of $ 135.3 million , a $ 55.9 million increase in cash and cash equivalents and a $ 6.8 million increase in securities . total liabilities were $ 2.8 billion as of december 31 , 2018 , compared to $ 2.6 billion as of december 31 , 2017. the

