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Other income and operating expenses
9 Months Ended
Sep. 30, 2019
Other income and operating expenses  
Other income and operating expenses

Note 20 – Other income and operating expenses

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

(In Thousands)

    

2019

    

2018

    

2019

    

2018

Other income

 

 

 

 

 

 

 

 

 

 

 

 

Origination income

 

$

1,213

 

 

858

 

$

3,729

 

 

3,459

Release of repair and denial reserve

 

 

573

 

 

167

 

 

221

 

 

161

Other

 

 

1,193

 

 

179

 

 

2,721

 

 

744

Total other income

 

$

2,979

 

$

1,204

 

$

6,671

 

$

4,364

Other operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

Origination costs

 

 

3,042

 

 

1,714

 

 

6,964

 

 

6,142

Technology expense

 

 

1,155

 

 

908

 

 

3,313

 

 

2,473

Charge off of real estate acquired in settlement of loans

 

 

144

 

 

236

 

 

824

 

 

1,236

Rent expense

 

 

968

 

 

720

 

 

2,762

 

 

1,804

Recruiting, training and travel expenses

 

 

366

 

 

419

 

 

1,252

 

 

1,698

Loan acquisition costs

 

 

359

 

 

196

 

 

464

 

 

1,377

Other

 

 

2,110

 

 

2,355

 

 

7,512

 

 

8,745

Total other operating expenses

 

$

8,144

 

$

6,548

 

$

23,091

 

$

23,475