| 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 three and six months ended June 30, 2012 and 2011, respectively (dollars in thousands):
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Three Months Ended
June 30 |
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Six Months Ended
June 30 |
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2012 |
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2011 |
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2012 |
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2011 |
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Printing, Postage, & Supplies
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$ |
620 |
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$ |
556 |
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$ |
1,206 |
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$ |
1,095 |
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Communications Expense
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737 |
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725 |
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1,463 |
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1,462 |
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Technology & Data Processing
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2,234 |
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2,471 |
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4,377 |
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4,750 |
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Professional services
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1,177 |
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1,449 |
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2,325 |
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2,512 |
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Marketing & advertising expense
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1,422 |
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1,331 |
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2,890 |
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2,495 |
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FDIC assessment premiums and other insurance
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661 |
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1,393 |
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1,319 |
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3,144 |
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Other taxes
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758 |
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705 |
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1,516 |
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1,410 |
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Loan Related Expenses
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884 |
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535 |
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1,583 |
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965 |
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Foreclosed Property Expenses
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425 |
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967 |
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716 |
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1,426 |
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Amortization of core deposit premuims
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1,325 |
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1,623 |
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2,735 |
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3,378 |
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Acquistion & Conversion Costs
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— |
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204 |
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— |
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498 |
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Other expenses
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2,143 |
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1,986 |
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3,948 |
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3,507 |
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Total other operating expenses
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$ |
12,386 |
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$ |
13,945 |
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$ |
24,078 |
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$ |
26,642 |
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