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Other Operating Expenses
12 Months Ended
Dec. 31, 2022
Other Income and Expenses [Abstract]  
Other Operating Expenses

NOTE 14. OTHER OPERATING EXPENSES

Other operating expenses consist of miscellaneous taxes, consulting fees, ATM expenses, postage, supplies, legal fees, communications, other real estate owned and foreclosure expenses, and other expenses. Other operating expenses are presented below:

 

 

 

For the Years Ended December 31,

 

(in thousands)

 

2022

 

2021

 

2020

 

Franchise and other miscellaneous taxes

 

$

12,012

 

$

10,459

 

$

14,112

 

Consulting, regulatory and advisory fees

 

 

13,168

 

 

12,642

 

 

11,717

 

ATM and electronic banking interchange expenses

 

 

5,903

 

 

8,238

 

 

8,365

 

Postage and courier expenses

 

 

4,602

 

 

5,151

 

 

5,028

 

Supplies

 

 

3,865

 

 

3,819

 

 

4,561

 

Legal fees

 

 

3,165

 

 

3,440

 

 

3,307

 

Communications

 

 

4,688

 

 

4,157

 

 

4,292

 

Other real estate owned and foreclosure expenses

 

 

789

 

 

219

 

 

(108

)

Other

 

 

16,125

 

 

21,936

 

 

19,474

 

Total other operating expenses

 

$

64,317

 

$

70,061

 

$

70,748