typically , a loss is confirmed when the company is moving towards foreclosure ( or final disposition ) of the underlying collateral , the collateral deficiency has not improved for two consecutive quarters , or when there is a payment default of 180 days , whichever occurs first . 29 the company obtains independent appraisals from a pre-approved list of independent , third party appraisal firms located in the market in which the collateral is located . the company 's approved appraiser list is continuously maintained to ensure the list only includes such appraisers that have the experience , reputation , character , and knowledge of the respective real estate market . at a minimum , it is ascertained that the appraiser is currently licensed in the state in which the property is located , experienced in the appraisal of properties similar to the property being appraised , has knowledge of current real estate market conditions and financing trends , and is reputable . the company 's internal real estate valuation group , which reports to the risk and compliance group , performs either a technical or administrative review of all appraisals obtained . a technical review will ensure the overall quality of the appraisal , while an administrative review ensures that all of the required components of an appraisal are present . generally , independent appraisals are updated every 12 to 24 months , or as necessary . the company 's impairment analysis documents the date of the appraisal used in the analysis , whether the officer preparing the report deems it current , and , if not , allows for internal valuation adjustments with justification . adjustments to appraisals generally include discounts for continued market deterioration subsequent to the appraisal date . any adjustments from the appraised value to carrying value are documented in the impairment analysis , which is reviewed and approved by senior credit administration officers and the special assets loan committee . external appraisals are the primary source to value collateral dependent loans ; however , the company may also utilize values obtained through other valuation sources . these alternative sources of value are used only if deemed to be more representative of value based on updated information regarding collateral resolution . impairment analyses are updated , reviewed , and approved on a quarterly basis at or near the end of each reporting period . general reserve component the general reserve component covers non-impaired loans and is quantitatively derived from an estimate of credit losses adjusted for various environmental factors applicable to both commercial and consumer loan segments . the estimate of credit losses is a function of the net charge-off historical loss experience to the average loan balance of the portfolio averaged during a period that management has determined to be adequately reflective of the losses inherent in the loan portfolio . effective december 31 , 2016 , the company implemented a rolling 20-quarter look back period , which will be re-evaluated on a periodic basis to ensure the reasonableness of period being utilized . previously , the company had utilized a 12-quarter look back period . the change to the 20-quarter look back period is due to the protracted recovery in the economy and management 's conclusion that a 20-quarter period better reflects a full economic cycle . this change did not have a material impact on the company 's all . the qualitative environmental factors consist of portfolio , national/international , and local characteristics and are applied to both the commercial and consumer loan segments . the following table shows the types of environmental factors management considers : environmental factors portfolio national / international local experience and ability of lending team interest rates level of economic activity compare ratio consideration inflation unemployment pace of loan growth unemployment competition footprint and expansion gross domestic product military/government impact execution of loan risk rating process general market risk and other concerns degree of oversight legislative and regulatory environment underwriting standards international uncertainty delinquency levels in portfolio home price index charge-off levels in portfolio commercial real estate price index credit concentrations / nature and volume of the portfolio impaired loans- a loan is considered impaired when , based on current information and events , it is probable that the company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement . factors considered by management in determining impairment include payment status , collateral value , and the probability of collecting scheduled principal and interest payments when due . loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired . management determines the significance of payment delays and payment shortfalls on a case-by-case basis , taking into consideration all of the circumstances surrounding the loan and the borrower , including the length of the delay , the reasons for the delay , the borrower 's prior payment record , and the amount of the shortfall in relation to the principal and interest owed . impairment is measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan 's effective interest rate , the loan 's obtainable market price , or the fair value of the collateral if the loan is collateral dependent . the impairment loan policy is the same for all segments within the commercial loan segment . 30 for the consumer loan segment , large groups of smaller balance homogeneous loans are collectively evaluated for impairment . this evaluation subjects each of the company 's homogenous pools to a historical loss factor derived from net charge-offs experienced over the preceding 20 quarters , as previously discussed . the company applies payments received on impaired loans to principal and interest based on the contractual terms until they are placed on nonaccrual status . story_separator_special_tag results , on a taxable equivalent basis , are as follows in this volume rate analysis table for the years ended december 31 , ( dollars in thousands ) : replace_table_token_10_th ( 1 ) the rate-related change in interest income on loans includes the impact of higher accretion of the acquisition-related fair market value adjustments of $ 863,000 and $ 3.8 million for the 2016 vs. 2015 and 2015 vs. 2014 change , respectively . ( 2 ) the rate-related change in interest expense on time deposits includes the impact of lower accretion of the acquisition-related fair market value adjustments of $ 1.8 million and $ 7.1 million for the 2016 vs. 2015 and 2015 vs. 2014 change , respectively . ( 3 ) the rate-related change in interest expense on other borrowings includes the impact of higher ( lower ) accretion of the acquisition-related fair market value adjustments of $ 34,000 and ( $ 126,000 ) for the 2016 vs. 2015 and 2015 vs. 2014 change , respectively . the company 's fully taxable equivalent net interest margin includes the impact of acquisition accounting fair value adjustments . the 2014 , 2015 , 2016 , and remaining estimated discount/premium and net accretion impact are reflected in the following table ( dollars in thousands ) : replace_table_token_11_th 36 noninterest income replace_table_token_12_th for the year ended december 31 , 2016 , noninterest income increased $ 5.9 million , or 9.1 % , to $ 70.9 million , from $ 65.0 million for the year ended december 31 , 2015. loan-related interest-rate swap fees increased by $ 3.8 million , and customer-related fee income increased by $ 2.2 million due to higher overdraft , debit card interchange , and letter of credit fees . mortgage banking income , net of commissions , increased $ 1.2 million related to higher gain on sale margins . fiduciary and asset management fees increased $ 1.1 million related to the acquisition of odcm . these increases were partially offset by a decline of $ 2.3 million in other operating income mainly due to nonrecurring income in 2015 related to gains from the dissolution of a limited partnership and the resolution of a problem credit resulting in a note sale . replace_table_token_13_th for the year ended december 31 , 2015 , noninterest income increased $ 3.7 million , or 6.1 % , to $ 65.0 million , from $ 61.3 million for the year ended december 31 , 2014. this increase was driven primarily by an increase in customer-related fee income of $ 1.8 million and an increase in other operating income of $ 2.3 million . the increase in customer-related fee income 37 was primarily related to higher overdraft and interchange fees , while the increase in other operating income is driven by a combination of higher insurance-related income in 2015 , gains from the dissolution of a limited partnership in the first quarter of 2015 , gains on the resolution of a problem credit in the third quarter of 2015 , and gains from the sale of the credit card portfolio in the fourth quarter of 2015. these increases were partially offset by declines in gains on sales of securities of $ 209,000 compared to 2014 and a $ 300,000 otti charge on a municipal security in the available for sale portfolio in 2015. noninterest expense replace_table_token_14_th ( 1 ) oreo related costs include foreclosure related expenses , gains/losses on the sale of oreo , valuation reserves , and asset resolution related legal expenses . for the year ended december 31 , 2016 , noninterest expense increased $ 5.8 million , or 2.7 % , to $ 222.7 million , from $ 216.9 million for the year ended december 31 , 2015. salaries and benefits expense increased $ 12.9 million related to annual merit adjustments as well as increases in incentive and equity-based compensation and benefit-related costs ; the increase in salaries also relates to investments in key positions to support the company 's long-term growth strategy . professional services increased $ 1.8 million due to higher project-related consulting expense , and technology and data processing increased $ 1.7 million due to investments in infrastructure to support the company 's growth . these increases were partially offset by decreases of $ 6.3 million in oreo and credit-related expenses as a result of lower valuation adjustments and property and legal-related expenses . other noninterest expenses declines primarily related to lower amortization of intangible assets , franchise taxes , and communication expenses . furniture and equipment expenses declined $ 1.2 million due to lower depreciation and equipment rental expenses . 38 replace_table_token_15_th ( 1 ) oreo related costs include foreclosure related expenses , gains/losses on the sale of oreo , valuation reserves , and asset resolution related legal expenses . for the year ended december 31 , 2015 , noninterest expense decreased $ 21.3 million , or 9.0 % , to $ 216.9 million , from $ 238.2 million for the year ended december 31 , 2014. this decrease is primarily driven by acquisition expenses incurred in 2014. excluding acquisition-related costs of $ 20.3 million , noninterest expense decreased $ 989,000 , or 0.5 % . salaries and benefits decreased $ 3.6 million from 2014 due to lower salaries , as the company began to recognize full-year benefits of the stellarone acquisition in 2015 , and profit sharing expenses , partially offset by increased incentive compensation . the decrease in oreo and credit-related expenses of $ 1.3 million is primarily due to lower valuation adjustments of $ 1.6 million . amortization of core deposit intangibles decreased $ 1.4 million when compared to 2014. the decreases were partially offset by $ 1.2 million in higher technology expenses related to online banking and data processing fees , $ 809,000 in higher marketing expenses related to advertising campaigns in 2015 , $ 736,000 in increased losses related to data breaches at third party retailers , $ 715,000 in higher professional

capital resources capital resources represent funds , earned or obtained , over which financial institutions can exercise greater or longer control in comparison with deposits and borrowed funds . the adequacy of the company 's capital is reviewed by management on an ongoing basis with reference to size , composition , and quality of the company 's resources and consistency with regulatory requirements and industry standards . management seeks to maintain a capital structure that will assure an adequate level of capital to support anticipated asset growth and to absorb potential losses , yet allow management to effectively leverage its capital to maximize return to shareholders . 49 in july 2013 , the federal reserve issued final rules to include technical changes to its market risk capital rules to align them with the basel iii regulatory capital framework and meet certain requirements of the dodd-frank act . effective january 1 , 2015 , the final rules require the company and the bank to comply with the following minimum capital ratios : ( i ) a new common equity tier 1 capital ratio of 4.5 % of risk-weighted assets ; ( ii ) a tier 1 capital ratio of 6.0 % of risk-weighted assets ( increased from the prior requirement of 4.0 % ) ; ( iii ) a total capital ratio of 8.0 % of risk-weighted assets ( unchanged from the prior requirement ) ; and ( iv ) a leverage ratio of 4.0 % of total assets ( unchanged from the prior requirement ) . these capital requirements will be phased in over a four-year period .


 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.
     ```capital resources capital resources represent funds , earned or obtained , over which financial institutions can exercise greater or longer control in comparison with deposits and borrowed funds . the adequacy of the company 's capital is reviewed by management on an ongoing basis with reference to size , composition , and quality of the company 's resources and consistency with regulatory requirements and industry standards . management seeks to maintain a capital structure that will assure an adequate level of capital to support anticipated asset growth and to absorb potential losses , yet allow management to effectively leverage its capital to maximize return to shareholders . 49 in july 2013 , the federal reserve issued final rules to include technical changes to its market risk capital rules to align them with the basel iii regulatory capital framework and meet certain requirements of the dodd-frank act . effective january 1 , 2015 , the final rules require the company and the bank to comply with the following minimum capital ratios : ( i ) a new common equity tier 1 capital ratio of 4.5 % of risk-weighted assets ; ( ii ) a tier 1 capital ratio of 6.0 % of risk-weighted assets ( increased from the prior requirement of 4.0 % ) ; ( iii ) a total capital ratio of 8.0 % of risk-weighted assets ( unchanged from the prior requirement ) ; and ( iv ) a leverage ratio of 4.0 % of total assets ( unchanged from the prior requirement ) . these capital requirements will be phased in over a four-year period .
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 Suspicious Activity Report : typically , a loss is confirmed when the company is moving towards foreclosure ( or final disposition ) of the underlying collateral , the collateral deficiency has not improved for two consecutive quarters , or when there is a payment default of 180 days , whichever occurs first . 29 the company obtains independent appraisals from a pre-approved list of independent , third party appraisal firms located in the market in which the collateral is located . the company 's approved appraiser list is continuously maintained to ensure the list only includes such appraisers that have the experience , reputation , character , and knowledge of the respective real estate market . at a minimum , it is ascertained that the appraiser is currently licensed in the state in which the property is located , experienced in the appraisal of properties similar to the property being appraised , has knowledge of current real estate market conditions and financing trends , and is reputable . the company 's internal real estate valuation group , which reports to the risk and compliance group , performs either a technical or administrative review of all appraisals obtained . a technical review will ensure the overall quality of the appraisal , while an administrative review ensures that all of the required components of an appraisal are present . generally , independent appraisals are updated every 12 to 24 months , or as necessary . the company 's impairment analysis documents the date of the appraisal used in the analysis , whether the officer preparing the report deems it current , and , if not , allows for internal valuation adjustments with justification . adjustments to appraisals generally include discounts for continued market deterioration subsequent to the appraisal date . any adjustments from the appraised value to carrying value are documented in the impairment analysis , which is reviewed and approved by senior credit administration officers and the special assets loan committee . external appraisals are the primary source to value collateral dependent loans ; however , the company may also utilize values obtained through other valuation sources . these alternative sources of value are used only if deemed to be more representative of value based on updated information regarding collateral resolution . impairment analyses are updated , reviewed , and approved on a quarterly basis at or near the end of each reporting period . general reserve component the general reserve component covers non-impaired loans and is quantitatively derived from an estimate of credit losses adjusted for various environmental factors applicable to both commercial and consumer loan segments . the estimate of credit losses is a function of the net charge-off historical loss experience to the average loan balance of the portfolio averaged during a period that management has determined to be adequately reflective of the losses inherent in the loan portfolio . effective december 31 , 2016 , the company implemented a rolling 20-quarter look back period , which will be re-evaluated on a periodic basis to ensure the reasonableness of period being utilized . previously , the company had utilized a 12-quarter look back period . the change to the 20-quarter look back period is due to the protracted recovery in the economy and management 's conclusion that a 20-quarter period better reflects a full economic cycle . this change did not have a material impact on the company 's all . the qualitative environmental factors consist of portfolio , national/international , and local characteristics and are applied to both the commercial and consumer loan segments . the following table shows the types of environmental factors management considers : environmental factors portfolio national / international local experience and ability of lending team interest rates level of economic activity compare ratio consideration inflation unemployment pace of loan growth unemployment competition footprint and expansion gross domestic product military/government impact execution of loan risk rating process general market risk and other concerns degree of oversight legislative and regulatory environment underwriting standards international uncertainty delinquency levels in portfolio home price index charge-off levels in portfolio commercial real estate price index credit concentrations / nature and volume of the portfolio impaired loans- a loan is considered impaired when , based on current information and events , it is probable that the company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement . factors considered by management in determining impairment include payment status , collateral value , and the probability of collecting scheduled principal and interest payments when due . loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired . management determines the significance of payment delays and payment shortfalls on a case-by-case basis , taking into consideration all of the circumstances surrounding the loan and the borrower , including the length of the delay , the reasons for the delay , the borrower 's prior payment record , and the amount of the shortfall in relation to the principal and interest owed . impairment is measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan 's effective interest rate , the loan 's obtainable market price , or the fair value of the collateral if the loan is collateral dependent . the impairment loan policy is the same for all segments within the commercial loan segment . 30 for the consumer loan segment , large groups of smaller balance homogeneous loans are collectively evaluated for impairment . this evaluation subjects each of the company 's homogenous pools to a historical loss factor derived from net charge-offs experienced over the preceding 20 quarters , as previously discussed . the company applies payments received on impaired loans to principal and interest based on the contractual terms until they are placed on nonaccrual status . story_separator_special_tag results , on a taxable equivalent basis , are as follows in this volume rate analysis table for the years ended december 31 , ( dollars in thousands ) : replace_table_token_10_th ( 1 ) the rate-related change in interest income on loans includes the impact of higher accretion of the acquisition-related fair market value adjustments of $ 863,000 and $ 3.8 million for the 2016 vs. 2015 and 2015 vs. 2014 change , respectively . ( 2 ) the rate-related change in interest expense on time deposits includes the impact of lower accretion of the acquisition-related fair market value adjustments of $ 1.8 million and $ 7.1 million for the 2016 vs. 2015 and 2015 vs. 2014 change , respectively . ( 3 ) the rate-related change in interest expense on other borrowings includes the impact of higher ( lower ) accretion of the acquisition-related fair market value adjustments of $ 34,000 and ( $ 126,000 ) for the 2016 vs. 2015 and 2015 vs. 2014 change , respectively . the company 's fully taxable equivalent net interest margin includes the impact of acquisition accounting fair value adjustments . the 2014 , 2015 , 2016 , and remaining estimated discount/premium and net accretion impact are reflected in the following table ( dollars in thousands ) : replace_table_token_11_th 36 noninterest income replace_table_token_12_th for the year ended december 31 , 2016 , noninterest income increased $ 5.9 million , or 9.1 % , to $ 70.9 million , from $ 65.0 million for the year ended december 31 , 2015. loan-related interest-rate swap fees increased by $ 3.8 million , and customer-related fee income increased by $ 2.2 million due to higher overdraft , debit card interchange , and letter of credit fees . mortgage banking income , net of commissions , increased $ 1.2 million related to higher gain on sale margins . fiduciary and asset management fees increased $ 1.1 million related to the acquisition of odcm . these increases were partially offset by a decline of $ 2.3 million in other operating income mainly due to nonrecurring income in 2015 related to gains from the dissolution of a limited partnership and the resolution of a problem credit resulting in a note sale . replace_table_token_13_th for the year ended december 31 , 2015 , noninterest income increased $ 3.7 million , or 6.1 % , to $ 65.0 million , from $ 61.3 million for the year ended december 31 , 2014. this increase was driven primarily by an increase in customer-related fee income of $ 1.8 million and an increase in other operating income of $ 2.3 million . the increase in customer-related fee income 37 was primarily related to higher overdraft and interchange fees , while the increase in other operating income is driven by a combination of higher insurance-related income in 2015 , gains from the dissolution of a limited partnership in the first quarter of 2015 , gains on the resolution of a problem credit in the third quarter of 2015 , and gains from the sale of the credit card portfolio in the fourth quarter of 2015. these increases were partially offset by declines in gains on sales of securities of $ 209,000 compared to 2014 and a $ 300,000 otti charge on a municipal security in the available for sale portfolio in 2015. noninterest expense replace_table_token_14_th ( 1 ) oreo related costs include foreclosure related expenses , gains/losses on the sale of oreo , valuation reserves , and asset resolution related legal expenses . for the year ended december 31 , 2016 , noninterest expense increased $ 5.8 million , or 2.7 % , to $ 222.7 million , from $ 216.9 million for the year ended december 31 , 2015. salaries and benefits expense increased $ 12.9 million related to annual merit adjustments as well as increases in incentive and equity-based compensation and benefit-related costs ; the increase in salaries also relates to investments in key positions to support the company 's long-term growth strategy . professional services increased $ 1.8 million due to higher project-related consulting expense , and technology and data processing increased $ 1.7 million due to investments in infrastructure to support the company 's growth . these increases were partially offset by decreases of $ 6.3 million in oreo and credit-related expenses as a result of lower valuation adjustments and property and legal-related expenses . other noninterest expenses declines primarily related to lower amortization of intangible assets , franchise taxes , and communication expenses . furniture and equipment expenses declined $ 1.2 million due to lower depreciation and equipment rental expenses . 38 replace_table_token_15_th ( 1 ) oreo related costs include foreclosure related expenses , gains/losses on the sale of oreo , valuation reserves , and asset resolution related legal expenses . for the year ended december 31 , 2015 , noninterest expense decreased $ 21.3 million , or 9.0 % , to $ 216.9 million , from $ 238.2 million for the year ended december 31 , 2014. this decrease is primarily driven by acquisition expenses incurred in 2014. excluding acquisition-related costs of $ 20.3 million , noninterest expense decreased $ 989,000 , or 0.5 % . salaries and benefits decreased $ 3.6 million from 2014 due to lower salaries , as the company began to recognize full-year benefits of the stellarone acquisition in 2015 , and profit sharing expenses , partially offset by increased incentive compensation . the decrease in oreo and credit-related expenses of $ 1.3 million is primarily due to lower valuation adjustments of $ 1.6 million . amortization of core deposit intangibles decreased $ 1.4 million when compared to 2014. the decreases were partially offset by $ 1.2 million in higher technology expenses related to online banking and data processing fees , $ 809,000 in higher marketing expenses related to advertising campaigns in 2015 , $ 736,000 in increased losses related to data breaches at third party retailers , $ 715,000 in higher professional

