Quarterly report pursuant to Section 13 or 15(d)

OTHER OPERATING EXPENSES (Tables)

v2.4.0.8
OTHER OPERATING EXPENSES (Tables)
6 Months Ended
Jun. 30, 2013
OTHER OPERATING EXPENSES [Abstract]  
Summary of Other Operating Expenses

The following table presents the consolidated statement of income line “Other Operating Expenses” broken into greater detail for the three and six months ended June  30, 2013 and 2012, respectively (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2013

 

2012

 

2013

 

2012

Printing, postage, and supplies

$

783 

 

$

959 

 

$

1,605 

 

$

1,805 

Communications expense

 

675 

 

 

737 

 

 

1,372 

 

 

1,463 

Technology and data processing

 

2,021 

 

 

1,624 

 

 

3,765 

 

 

3,226 

Professional services

 

663 

 

 

732 

 

 

1,387 

 

 

1,434 

Marketing and advertising expense

 

1,108 

 

 

1,422 

 

 

2,160 

 

 

2,890 

FDIC assessment premiums and other insurance

 

756 

 

 

661 

 

 

1,546 

 

 

1,319 

Other taxes

 

800 

 

 

758 

 

 

1,598 

 

 

1,516 

Loan related expenses

 

545 

 

 

622 

 

 

1,089 

 

 

1,157 

OREO and credit-related expenses(1)

 

984 

 

 

1,310 

 

 

1,558 

 

 

2,238 

Amortization of core deposit premiums

 

921 

 

 

1,325 

 

 

1,990 

 

 

2,735 

Acquisition and conversion costs

 

919 

 

 

 -

 

 

919 

 

 

 -

Other expenses

 

1,691 

 

 

1,562 

 

 

3,712 

 

 

2,810 

Total other operating expenses

$

11,866 

 

$

11,712 

 

$

22,701 

 

$

22,593 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) OREO related costs include foreclosure related expenses, gains/losses on the sale of OREO, valuation reserves, and asset resolution related legal expenses.