purchased credit impaired loans loans acquired at a discount for which it is probable that all contractual payments will not be received are generally accounted for under asc topic 310-30 , loans and debt securities acquired with deteriorated credit quality ( “ asc 310-30 ” ) . in addition , certain purchased loans with evidence of deteriorated credit quality may be accounted for under this topic even if it is not yet probable that all contractual payments will not be received . these loans are recorded at fair value at the time of acquisition . estimated credit losses are included in the determination of fair value , and therefore , an allowance for loan losses is not recorded on the acquisition date . the excess of expected cash flows at acquisition over the initial investment in acquired loans ( “ accretable yield ” ) is recorded as interest income over the life of the loans if the timing and amount of the future cash flows is reasonably estimable . subsequent to acquisition , the company aggregates individual loans with common risk characteristics into pools of loans . increases in estimated cash flows over those expected at the acquisition date are recognized as interest income , prospectively . decreases in expected cash flows after the acquisition date are recognized by recording an allowance for loan losses . 31 loans accounted for under asc 310-30 are generally considered accruing and performing loans as the loans accrete interest income over the estimated life of the loan when cash flows are reasonably estimable . accordingly , purchased credit impaired loans that are contractually past due are still considered to be accruing and performing loans . if the timing and amount of future cash flows is not reasonably estimable , the loans may be classified as nonaccrual loans and the purchase price discount on those loans is not recorded as interest income until the timing and amount of future cash flows can be reasonably estimated . fdic loss-sharing asset in conjunction with certain of the fdic-assisted acquisitions , the bank entered into loss-sharing agreements with the fdic . at the date of the acquisitions , the company elected to account for amounts receivable under the loss-sharing agreements as an indemnification asset in accordance with the business combinations topic of the fasb asc . subsequent to initial recognition , the fdic loss-sharing asset is reviewed quarterly and adjusted for any changes in expected cash flows . these adjustments are measured on the same basis as the related covered assets . any decrease in expected cash flows due to an increase in expected credit losses will increase the fdic loss-sharing asset and any increase in expected future cash flows due to a decrease in expected credit losses will decrease the fdic loss-sharing asset . increases and decreases to the fdic loss-sharing asset are recorded as adjustments to noninterest income . valuation and recoverability of goodwill goodwill represented $ 382.8 million of our $ 8.95 billion in total assets as of december 31 , 2015 . the company has a , single reporting unit . we review goodwill for impairment annually , during the third quarter , and also test for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of our reporting unit below its carrying amount . such events and circumstances may include among others : a significant adverse change in legal factors or in the general business climate ; significant decline in our stock price and market capitalization ; unanticipated competition ; the testing for recoverability of a significant asset group within the reporting unit ; and an adverse action or assessment by a regulator . any adverse change in these factors could have a significant impact on the recoverability of goodwill and could have a material impact on our consolidated financial statements . under the intangibles – goodwill and other topic of the fasb asc , the testing for impairment may begin with an assessment of qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount . when required , the goodwill impairment test involves a two-step process . in step one , we would test goodwill for impairment by comparing the fair value of the reporting unit with its carrying amount . if the fair value of the reporting unit exceeds the carrying amount of the reporting unit , goodwill is not deemed to be impaired , and no further testing is necessary . if the carrying amount of the reporting unit were to exceed the fair value of the reporting unit , we would perform a second test to measure the amount of impairment loss , if any . to measure the amount of any impairment loss , we would determine the implied fair value of goodwill in the same manner as if the reporting unit were being acquired in a business combination . specifically , we would allocate the fair value of the reporting unit to all of the assets and liabilities of the reporting unit in a hypothetical calculation that would determine the implied fair value of goodwill . if the implied fair value of goodwill is less than the recorded goodwill , we would record an impairment charge for the difference . the accounting estimates related to our goodwill require us to make considerable assumptions about fair values . our assumptions regarding fair values require significant judgment about economic and industry factors and the growth and earnings prospects of the bank . changes in these judgments , either individually or collectively , may have a significant effect on the estimated fair values . based on the results of the annual goodwill impairment test , we determined that no goodwill impairment charges were required as our single reporting unit 's fair value exceeded its carrying amount . story_separator_special_tag the current period adjustment reflected our updated estimate of probable losses . this adjustment is included in “ miscellaneous ” in the table above . also contributing to the increase in other noninterest income was a $ 1.0 million increase in mortgage banking due to an increase in volume of loans held for sale . comparison of 2014 with 2013 the increase in other noninterest income was due to increases in several components of noninterest income , including small business administration premiums , interest rate swap income and credit card fees . the increase in small business administration premiums was due to an increase in volume of small business administration loans coupled with favorable secondary market pricing experienced during 2014. noninterest expense noninterest expense was $ 266.1 million in 2015 , an increase of $ 26.9 million , or 11 % , over 2014 . noninterest expense increased $ 8.4 million , or 4 % , in 2014 over 2013 . 39 the following table presents the significant components of noninterest expense and the related dollar and percentage change from period to period : replace_table_token_13_th the following table shows the impact of the acquisition-related expenses for the periods indicated to the various components of noninterest expense : replace_table_token_14_th comparison of 2015 with 2014 compensation and employee benefits expense increased 14 % to $ 149.4 million in 2015 from $ 130.9 million in 2014 primarily due to the added personnel costs associated with the intermountain acquisition . the remaining noninterest expense categories increased $ 8.3 million , or 8 % , between 2014 and 2015 . the increase was primarily due to higher occupancy and data processing expenses , which were due to higher acquisition-related expenses for these items in 2015. acquisition-related expenses were $ 10.9 million in 2015 compared to $ 9.4 million in 2014 . comparison of 2014 with 2013 compensation and employee benefits expense increased to $ 130.9 million , or 4 % , in 2014 from $ 125.4 million in 2013 primarily due to the added personnel costs associated with the intermountain and west coast acquisitions . the remaining noninterest expense categories increased $ 3.0 million , or 3 % , between 2013 and 2014 . the increase was primarily due to lower benefit on oreo , which was a benefit of $ 7.4 million in 2013 , but only $ 1.0 million in 2014. acquisition-related expenses were $ 9.4 million in 2014 compared to $ 25.5 million in 2013 . 40 other noninterest expense : the following table presents selected items of “ other noninterest expense ” and the related dollar and percentage change from period to period : replace_table_token_15_th ( 1 ) reclassified to conform to current period 's presentation . the reclassification was limited to adding a separate line item for fraud losses , which was previously included in “ miscellaneous . ” comparison of 2015 with 2014 other noninterest expense increased $ 3.5 million due to additional ongoing expenses related to the acquisition of intermountain , increased software support and maintenance related to software upgrades made to our atms , higher fraud losses and increased fdic clawback expense in 2015. comparison of 2014 with 2013 other noninterest expense decreased $ 2.9 million due to acquisition-related costs of $ 2.2 million recorded to other noninterest expense during 2014 compared to $ 6 million in 2013 and the reclassification of investments in affordable housing projects expense to provision for income taxes related to the company 's adoption of asu 2014-01 accounting for investments in qualified affordable housing projects during 2014. income tax for the years ended december 31 , 2015 , 2014 and 2013 we recorded income tax provisions of $ 42.8 million , $ 36.2 million and $ 27.0 million , respectively . the effective tax rate was 30 % in 2015 , 31 % in 2014 and 31 % in 2013 . our effective tax rate continues to be less than our federal statutory rate of 35 % primarily due to the amount of tax-exempt municipal securities held in the investment portfolio , tax-exempt earnings on bank owned life insurance , and loans with favorable tax attributes . for additional information , see note 23 to the consolidated financial statements in “ item 8. financial statements and supplementary data ” of this report . 41 financial condition our total assets increased 4 % to $ 8.95 billion at december 31 , 2015 from $ 8.58 billion at december 31 , 2014 . our available for sale securities portfolio increased $ 59.4 million , or 3 % , due primarily to purchases of securities resulting from deposits growing in excess of loans . the loan portfolio increased $ 371.0 million , or 7 % , to $ 5.75 billion due to substantial new loan production partially offset by contractual payments and prepayments . the fdic loss-sharing asset decreased $ 8.6 million , or 57 % , to $ 6.6 million at december 31 , 2015 . the decrease in the fdic loss-sharing asset was primarily due to $ 6.2 million in amortization and $ 2.8 million in cash received from the fdic . premises and equipment , net decreased $ 7.9 million or 5 % , primarily due to depreciation . deposit balances increased $ 514.1 million , or 7 % , to $ 7.44 billion , due to organic growth . federal home loan bank advances decreased $ 148.0 million to $ 68.5 million as the short-term advance balance outstanding decreased . securities sold under agreements to repurchase increased $ 5.4 million to $ 99.7 million . total shareholders ' equity increased $ 14.0 million to $ 1.24 billion . investment portfolio we invest in securities to generate revenues for the company , to manage liquidity while minimizing interest rate risk and to provide collateral for certain public deposits and short-term borrowings . the amortized cost amounts represent the company 's original cost for the investments , adjusted for accumulated amortization or accretion

liquidity and sources of funds in general , our primary sources of funds are net income , loan repayments , maturities and principal payments on investment securities , customer deposits , advances from the fhlb , securities repurchase agreements and other borrowings . these funds are used to make loans , purchase investments , meet deposit withdrawals and maturing liabilities and cover operational expenses . scheduled loan repayments and core deposits have proved to be a relatively stable source of funds while other deposit inflows and unscheduled loan prepayments are influenced by interest rate levels , competition and general economic conditions . we manage liquidity through monitoring sources and uses of funds on a daily basis and had unused credit lines with the fhlb and the frb of $ 1.33 billion and $ 85.4 million , respectively , at december 31 , 2015 , that are available to us as a supplemental funding source . the holding company 's sources of funds are dividends from its banking subsidiary which are used to fund dividends to shareholders and cover operating expenses . in addition , we have a shelf registration statement on file with the securities and exchange commission registering an unlimited amount of any combination of debt or equity securities , depositary shares , purchase contracts , units and warrants in one or more offerings . specific information regarding the terms of and the securities being offered will be provided at the time of any offering . proceeds from any future offerings are expected to be used for general corporate purposes , including , but not limited to , the repayment of debt , repurchasing or redeeming outstanding securities , working capital , funding future acquisitions or other purposes identified at the time of any offering .


 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.
     ```liquidity and sources of funds in general , our primary sources of funds are net income , loan repayments , maturities and principal payments on investment securities , customer deposits , advances from the fhlb , securities repurchase agreements and other borrowings . these funds are used to make loans , purchase investments , meet deposit withdrawals and maturing liabilities and cover operational expenses . scheduled loan repayments and core deposits have proved to be a relatively stable source of funds while other deposit inflows and unscheduled loan prepayments are influenced by interest rate levels , competition and general economic conditions . we manage liquidity through monitoring sources and uses of funds on a daily basis and had unused credit lines with the fhlb and the frb of $ 1.33 billion and $ 85.4 million , respectively , at december 31 , 2015 , that are available to us as a supplemental funding source . the holding company 's sources of funds are dividends from its banking subsidiary which are used to fund dividends to shareholders and cover operating expenses . in addition , we have a shelf registration statement on file with the securities and exchange commission registering an unlimited amount of any combination of debt or equity securities , depositary shares , purchase contracts , units and warrants in one or more offerings . specific information regarding the terms of and the securities being offered will be provided at the time of any offering . proceeds from any future offerings are expected to be used for general corporate purposes , including , but not limited to , the repayment of debt , repurchasing or redeeming outstanding securities , working capital , funding future acquisitions or other purposes identified at the time of any offering .
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 Suspicious Activity Report : purchased credit impaired loans loans acquired at a discount for which it is probable that all contractual payments will not be received are generally accounted for under asc topic 310-30 , loans and debt securities acquired with deteriorated credit quality ( “ asc 310-30 ” ) . in addition , certain purchased loans with evidence of deteriorated credit quality may be accounted for under this topic even if it is not yet probable that all contractual payments will not be received . these loans are recorded at fair value at the time of acquisition . estimated credit losses are included in the determination of fair value , and therefore , an allowance for loan losses is not recorded on the acquisition date . the excess of expected cash flows at acquisition over the initial investment in acquired loans ( “ accretable yield ” ) is recorded as interest income over the life of the loans if the timing and amount of the future cash flows is reasonably estimable . subsequent to acquisition , the company aggregates individual loans with common risk characteristics into pools of loans . increases in estimated cash flows over those expected at the acquisition date are recognized as interest income , prospectively . decreases in expected cash flows after the acquisition date are recognized by recording an allowance for loan losses . 31 loans accounted for under asc 310-30 are generally considered accruing and performing loans as the loans accrete interest income over the estimated life of the loan when cash flows are reasonably estimable . accordingly , purchased credit impaired loans that are contractually past due are still considered to be accruing and performing loans . if the timing and amount of future cash flows is not reasonably estimable , the loans may be classified as nonaccrual loans and the purchase price discount on those loans is not recorded as interest income until the timing and amount of future cash flows can be reasonably estimated . fdic loss-sharing asset in conjunction with certain of the fdic-assisted acquisitions , the bank entered into loss-sharing agreements with the fdic . at the date of the acquisitions , the company elected to account for amounts receivable under the loss-sharing agreements as an indemnification asset in accordance with the business combinations topic of the fasb asc . subsequent to initial recognition , the fdic loss-sharing asset is reviewed quarterly and adjusted for any changes in expected cash flows . these adjustments are measured on the same basis as the related covered assets . any decrease in expected cash flows due to an increase in expected credit losses will increase the fdic loss-sharing asset and any increase in expected future cash flows due to a decrease in expected credit losses will decrease the fdic loss-sharing asset . increases and decreases to the fdic loss-sharing asset are recorded as adjustments to noninterest income . valuation and recoverability of goodwill goodwill represented $ 382.8 million of our $ 8.95 billion in total assets as of december 31 , 2015 . the company has a , single reporting unit . we review goodwill for impairment annually , during the third quarter , and also test for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of our reporting unit below its carrying amount . such events and circumstances may include among others : a significant adverse change in legal factors or in the general business climate ; significant decline in our stock price and market capitalization ; unanticipated competition ; the testing for recoverability of a significant asset group within the reporting unit ; and an adverse action or assessment by a regulator . any adverse change in these factors could have a significant impact on the recoverability of goodwill and could have a material impact on our consolidated financial statements . under the intangibles – goodwill and other topic of the fasb asc , the testing for impairment may begin with an assessment of qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount . when required , the goodwill impairment test involves a two-step process . in step one , we would test goodwill for impairment by comparing the fair value of the reporting unit with its carrying amount . if the fair value of the reporting unit exceeds the carrying amount of the reporting unit , goodwill is not deemed to be impaired , and no further testing is necessary . if the carrying amount of the reporting unit were to exceed the fair value of the reporting unit , we would perform a second test to measure the amount of impairment loss , if any . to measure the amount of any impairment loss , we would determine the implied fair value of goodwill in the same manner as if the reporting unit were being acquired in a business combination . specifically , we would allocate the fair value of the reporting unit to all of the assets and liabilities of the reporting unit in a hypothetical calculation that would determine the implied fair value of goodwill . if the implied fair value of goodwill is less than the recorded goodwill , we would record an impairment charge for the difference . the accounting estimates related to our goodwill require us to make considerable assumptions about fair values . our assumptions regarding fair values require significant judgment about economic and industry factors and the growth and earnings prospects of the bank . changes in these judgments , either individually or collectively , may have a significant effect on the estimated fair values . based on the results of the annual goodwill impairment test , we determined that no goodwill impairment charges were required as our single reporting unit 's fair value exceeded its carrying amount . story_separator_special_tag the current period adjustment reflected our updated estimate of probable losses . this adjustment is included in “ miscellaneous ” in the table above . also contributing to the increase in other noninterest income was a $ 1.0 million increase in mortgage banking due to an increase in volume of loans held for sale . comparison of 2014 with 2013 the increase in other noninterest income was due to increases in several components of noninterest income , including small business administration premiums , interest rate swap income and credit card fees . the increase in small business administration premiums was due to an increase in volume of small business administration loans coupled with favorable secondary market pricing experienced during 2014. noninterest expense noninterest expense was $ 266.1 million in 2015 , an increase of $ 26.9 million , or 11 % , over 2014 . noninterest expense increased $ 8.4 million , or 4 % , in 2014 over 2013 . 39 the following table presents the significant components of noninterest expense and the related dollar and percentage change from period to period : replace_table_token_13_th the following table shows the impact of the acquisition-related expenses for the periods indicated to the various components of noninterest expense : replace_table_token_14_th comparison of 2015 with 2014 compensation and employee benefits expense increased 14 % to $ 149.4 million in 2015 from $ 130.9 million in 2014 primarily due to the added personnel costs associated with the intermountain acquisition . the remaining noninterest expense categories increased $ 8.3 million , or 8 % , between 2014 and 2015 . the increase was primarily due to higher occupancy and data processing expenses , which were due to higher acquisition-related expenses for these items in 2015. acquisition-related expenses were $ 10.9 million in 2015 compared to $ 9.4 million in 2014 . comparison of 2014 with 2013 compensation and employee benefits expense increased to $ 130.9 million , or 4 % , in 2014 from $ 125.4 million in 2013 primarily due to the added personnel costs associated with the intermountain and west coast acquisitions . the remaining noninterest expense categories increased $ 3.0 million , or 3 % , between 2013 and 2014 . the increase was primarily due to lower benefit on oreo , which was a benefit of $ 7.4 million in 2013 , but only $ 1.0 million in 2014. acquisition-related expenses were $ 9.4 million in 2014 compared to $ 25.5 million in 2013 . 40 other noninterest expense : the following table presents selected items of “ other noninterest expense ” and the related dollar and percentage change from period to period : replace_table_token_15_th ( 1 ) reclassified to conform to current period 's presentation . the reclassification was limited to adding a separate line item for fraud losses , which was previously included in “ miscellaneous . ” comparison of 2015 with 2014 other noninterest expense increased $ 3.5 million due to additional ongoing expenses related to the acquisition of intermountain , increased software support and maintenance related to software upgrades made to our atms , higher fraud losses and increased fdic clawback expense in 2015. comparison of 2014 with 2013 other noninterest expense decreased $ 2.9 million due to acquisition-related costs of $ 2.2 million recorded to other noninterest expense during 2014 compared to $ 6 million in 2013 and the reclassification of investments in affordable housing projects expense to provision for income taxes related to the company 's adoption of asu 2014-01 accounting for investments in qualified affordable housing projects during 2014. income tax for the years ended december 31 , 2015 , 2014 and 2013 we recorded income tax provisions of $ 42.8 million , $ 36.2 million and $ 27.0 million , respectively . the effective tax rate was 30 % in 2015 , 31 % in 2014 and 31 % in 2013 . our effective tax rate continues to be less than our federal statutory rate of 35 % primarily due to the amount of tax-exempt municipal securities held in the investment portfolio , tax-exempt earnings on bank owned life insurance , and loans with favorable tax attributes . for additional information , see note 23 to the consolidated financial statements in “ item 8. financial statements and supplementary data ” of this report . 41 financial condition our total assets increased 4 % to $ 8.95 billion at december 31 , 2015 from $ 8.58 billion at december 31 , 2014 . our available for sale securities portfolio increased $ 59.4 million , or 3 % , due primarily to purchases of securities resulting from deposits growing in excess of loans . the loan portfolio increased $ 371.0 million , or 7 % , to $ 5.75 billion due to substantial new loan production partially offset by contractual payments and prepayments . the fdic loss-sharing asset decreased $ 8.6 million , or 57 % , to $ 6.6 million at december 31 , 2015 . the decrease in the fdic loss-sharing asset was primarily due to $ 6.2 million in amortization and $ 2.8 million in cash received from the fdic . premises and equipment , net decreased $ 7.9 million or 5 % , primarily due to depreciation . deposit balances increased $ 514.1 million , or 7 % , to $ 7.44 billion , due to organic growth . federal home loan bank advances decreased $ 148.0 million to $ 68.5 million as the short-term advance balance outstanding decreased . securities sold under agreements to repurchase increased $ 5.4 million to $ 99.7 million . total shareholders ' equity increased $ 14.0 million to $ 1.24 billion . investment portfolio we invest in securities to generate revenues for the company , to manage liquidity while minimizing interest rate risk and to provide collateral for certain public deposits and short-term borrowings . the amortized cost amounts represent the company 's original cost for the investments , adjusted for accumulated amortization or accretion

