Other Expense (SF.IS.OtherExp)
Other Expense (SF.IS.OtherExp) refers to non-interest expense from banking other than the following items:
- Labor & Related Expenses (SF.IS.LaborRelatedExp_Banks)
- Depreciation Expense (SF.IS.DepreciationExp_Banks)
- Amortization of Intangibles (SF.IS.AmortIntangibles_Banks)
- Amortization of Acquisition Costs (SF.IS.AmortAcqCosts_Banks)
- Real Estate Operation Expense (SF.IS.RealEstateOpExpense)
- Dealer Trading Account Loss (SF.IS.DealerTradingAccountLoss)
- Investment Securities Losses (SF.IS.InvSecuritiesLosses)
- Foreign Currency Losses (SF.IS.FX_Losses)
Other Expense(SF.IS.OtherExp) includes general and administrative expenses other than listed above, such as:
- Advertising/promotion/marketing/business development expenses, travel, entertainment, ATM expenses, fees for services by other banks, Accounting, auditing, consulting, legal, management and other professional fees
- ATM Expenses, fees for service by other banks
- Building occupancy, rent, leases/rent/maintenance expenses of furniture and other equipment
- Business taxes, franchise taxes and fees, state franchise taxes, and other non-income taxes
- Charitable contribution
- Communications, data processing, computer processing, postage, stationery, printing, supplies, technology, telephone expenses
- Credit card processing expenses, loan processing fees
- FDIC premiums/assessment, SAIF insurance, and other deposit insurance premiums paid
- Loss on foreclosed assets and its related expenses (not including fixed assets for own uses)
- General and administrative expenses, Non-interest expense that has not been individually classified and Fee & Commission from Operations Expense
Other Expense (SF.IS.OtherExp) does not include:
- Branch closing, divestiture, merger and acquisition-related expenses (classified as Restructuring Charge (SF.IS.RestructuringCharge_Banks))
- Impairment of goodwill, and other assets (classified as Other Unusual Expense (SF.IS.OtherUnusualExp_Banks))
- Interest expense (classified as a component of Total Interest Expenses (SF.IS.TotalIntExp))
- Loss on sale of assets (generally fixed assets), investment in affiliates, subsidiaries, joint ventures (classified as Other Unusual Expense (SF.IS.OtherUnusualExp_Banks))
- Loss provision on loans (classified as Loan Loss Provision (SF.IS.LoanLossProvisionExp))
- Minority interest (classified as Minority Interest (SF.IS.MinorityInterestIncStmt))