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Other income and operating expenses
3 Months Ended
Mar. 31, 2020
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 March 31, 

(In Thousands)

    

2020

    

2019

Other income

 

 

 

 

 

 

Origination income

 

$

2,495

 

 

808

Change in repair and denial reserve

 

 

136

 

 

(89)

Other

 

 

1,442

 

 

181

Total other income

 

$

4,073

 

$

900

Other operating expenses

 

 

 

 

 

 

Origination costs

 

 

3,025

 

 

1,189

Technology expense

 

 

1,580

 

 

1,101

Impairment on real estate

 

 

2,969

 

 

305

Rent and property tax expense

 

 

1,184

 

 

691

Recruiting, training and travel expense

 

 

624

 

 

587

Marketing expense

 

 

546

 

 

545

Loan acquisition costs

 

 

98

 

 

110

Financing costs on purchased future receivables

 

 

624

 

 

 —

Other

 

 

3,094

 

 

2,333

Total other operating expenses

 

$

13,744

 

$

6,861