Annual report pursuant to Section 13 and 15(d)

OTHER OPERATING EXPENSES

v2.4.0.8
OTHER OPERATING EXPENSES
12 Months Ended
Dec. 31, 2013
OTHER OPERATING EXPENSES [Abstract]  
OTHER OPERATING EXPENSES

 

 

 

14.OTHER OPERATING EXPENSES

 

The following table presents the Consolidated Statement of Income line “Other Operating Expenses” broken into greater detail for the years ended December 31, 2013, 2012 and 2011, respectively (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2011

Printing, postage, and supplies

$

2,970 

 

$

2,649 

 

$

2,179 

Communications expense

 

2,681 

 

 

3,070 

 

 

2,931 

Technology and data processing

 

7,754 

 

 

7,510 

 

 

7,795 

Professional services

 

3,419 

 

 

3,035 

 

 

2,989 

Marketing and advertising expense

 

4,312 

 

 

5,473 

 

 

5,869 

FDIC assessment premiums and other insurance

 

3,110 

 

 

2,373 

 

 

4,936 

Other taxes

 

3,181 

 

 

3,017 

 

 

2,838 

Loan related expenses

 

2,447 

 

 

2,254 

 

 

2,058 

OREO and credit-related expenses(1)

 

4,880 

 

 

4,639 

 

 

5,668 

Amortization of intangible assets

 

3,831 

 

 

5,336 

 

 

6,522 

Acquisition and conversion costs

 

2,132 

 

 

 -

 

 

426 

Other expenses

 

7,776 

 

 

6,074 

 

 

5,715 

Total other operating expenses

$

48,493 

 

$

45,430 

 

$

49,926 

 

 

 

 

 

 

 

 

 

 

 

 

 

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