James C. Smith – Chairman & Chief Executive Officer Webster
Thank you Cam. Before we begin Q and A, I just want to take a moment to acknowledge the reason to hide recognition Of Glenn Terry Investors overall investor relations program is nominated by analysts who cover us on institutional investor magazines 2015 company rankings. Congratulations John. We’ll now take your comments and questions.
Operator:
Thank you let me just brief you on the Question and Answer session. If you want to ask a question, please press *1 on your telephone keypad. The confirmation tone will indicate your line in in the question queue. You may press *2 if you’d like to move your question from the queue. For participants using speaker equipment, it may be necessary to take up your handset before pressing the * keys. Once you ask a question today, please press *1 at the start. Our First question today comes from Bob Ramsey from FBR Capital Markets. Please pursue with your question.
Bob Ramsey – FBR Capital Markets
Hi this is Bob Ramsey from FBR Capital Markets . Could you highlight your expectations for the non-interest income, going forward I saw that it was showed some growth this year and how should I think about it going forward?
Glenn I. MacInnes – Chief Financial Officer
Will I think you have to first see the factor in thee acquisition. Which will gross non interest income. And guides we gave 10 to 11 percent quarter over quarter given that we have high expectations for growth in the HSA I think you’d see that increase as the year goes on and we’re fully on board the seasonal enrollment. And the I think you’d see increase in wealth and investment management as the year progresses so I would use that as the general guideline.
Bob Ramsey – FBR Capital Markets
Got it, thank you very much.
Operator:
Thank you. Next question from Dean Rochester from Dolce May, please proceed with your question.
Dean Rochester – Dolce May
Hey, good morning guys. Regarding your NIM guidance just curious what your allot was for securities premium and expense how your managing that and what that expense was for the fourth quarter?
Glenn I. MacInnes – Chief Financial Officer
Good Morning. The expense for the fourth quarter was 13 million and we’re thinking it’s generally flat right now, going into the first quarter.
Dean Rochester – Dolce May
Great, thanks. And then you mentioned the bol e proceeds in that other income line, I was just wondering is that line going to remain fairly stable from here or is that just a one time kind of pay off that will see the line decline?
Glenn I. MacInnes – Chief Financial Officer
Well I’ve seen some volume but I think that be necessary there. In the the fourth quarter it was definitely a onetime item, I wouldn’t build it in as reoccurring.
Dean Rochester – Dolce May
Is all that sum included in your ten to eleven percent?
Glenn I. MacInnes – Chief Financial Officer
Oh, yeah. It’s all inclusive. I don’t include Bol E, I don’t forecast out Bol E increases. So it’s the 10 to 11 I gave is core revenue, according to non-interest rate.
