Schedule of other income and operating expense |
Other income and operating expense totals are presented in the table below. Components of these totals exceeding 1%, and other significant items, of the aggregate of total other noninterest income and total other noninterest expenses for any of the years presented below are stated separately.
| | | | | | | | | | | | | Year ended December 31, | (In thousands) | 2022 | 2021 | 2020 | NONINTEREST INCOME | | | | Other service charges | $ | 2,703 | | $ | 2,826 | | $ | 2,835 | | Increase in cash surrender value of corporate owned life insurance | 1,162 | | 1,879 | | 2,188 | | Net gain on sale of loans | 155 | | 943 | | 2,054 | | | | | | Other miscellaneous income | 1,905 | | 1,555 | | 1,740 | | Total other noninterest income | $ | 5,925 | | $ | 7,203 | | $ | 8,817 | | NONINTEREST EXPENSES | | | | Marketing expense | $ | 5,708 | | $ | 4,319 | | $ | 4,750 | | Professional fees | 6,931 | | 6,909 | | 6,054 | | Technology expense | 15,167 | | 11,747 | | 11,791 | | Cardholder expense | 4,560 | | 3,532 | | 3,252 | | FDIC insurance | 2,798 | | 2,758 | | 2,398 | | Legal expense | 1,414 | | 1,190 | | 1,199 | | Penalties on prepayment of FHLB borrowings | 0 | | 2,929 | | 0 | | Other miscellaneous expenses | 13,919 | | 13,869 | | 15,285 | | Total other noninterest expenses | $ | 50,497 | | $ | 47,253 | | $ | 44,729 | |
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