XML 45 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Other Income and Other Operating Expenses
6 Months Ended
Jun. 30, 2017
Other Income and Other Operating Expenses  
Other Income and Other Operating Expenses

Note 22 – Other Income and Other Operating Expenses

 

The following table details the Company’s other income and operating expenses for the consolidated statements of income.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended June 30, 

 

For the Six Months Ended June 30, 

(In Thousands)

    

2017

    

2016

    

2017

    

2016

Other income

 

 

 

 

 

 

 

 

 

 

 

 

Origination income

 

 

1,331

 

 

1,118

 

 

2,022

 

 

1,538

(Increase)/Release of repair and denial reserve

 

 

(251)

 

 

103

 

 

12

 

 

1,565

Other

 

 

508

 

 

78

 

 

395

 

 

504

Total other income

 

$

1,588

 

$

1,299

 

$

2,429

 

$

3,607

Other operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

Origination costs

 

 

1,511

 

 

945

 

 

2,470

 

 

1,888

Technology expense

 

 

860

 

 

704

 

 

1,771

 

 

1,364

Charge off of real estate acquired in settlement of loans

 

 

 —

 

 

66

 

 

103

 

 

633

Rent expense

 

 

563

 

 

277

 

 

1,122

 

 

615

Recruiting, training and travel expenses

 

 

712

 

 

372

 

 

1,179

 

 

681

Acquisition costs

 

 

49

 

 

88

 

 

318

 

 

429

Depreciation

 

 

130

 

 

 —

 

 

266

 

 

 —

Marketing expense

 

 

388

 

 

99

 

 

767

 

 

229

Insurance expense

 

 

248

 

 

108

 

 

485

 

 

258

Other

 

 

1,745

 

 

1,159

 

 

3,255

 

 

1,584

Total other operating expenses

 

$

6,206

 

$

3,818

 

$

11,736

 

$

7,681