ServisFirst Bancshares, Inc. Annual report pursuant to Section 13 and 15(d)

Note 15 - Other Operating Income and Expenses

12 Months Ended

Dec. 31, 2022

NOTE 15. OTHER OPERATING INCOME AND EXPENSES

The major components of other operating income and expense included in noninterest income and noninterest expense are as follows:

	Years Ended December 31,
	2022			2021			2020
	(In Thousands)
Other Operating Income
ATM fee income	$	618		$	1,443		$	1,234
Mark to market interest rate cap derivative		6,960			1,013			(656	)
Gain (loss) on sale of ORE		501			(288	)		8
(Loss) gain on sale of fixed assets		(12	)		433			9
Death benefit of bank owned life insurance contracts		2,153			-			-
Merchant services fees		1,765			1,231			565
Other		676			832			455
Total other operating income	$	12,661		$	4,664		$	1,615

Other Operating Expenses
Other loan expenses	$	2,226		$	2,744		$	4,886
Customer and public relations		2,354			1,840			1,052
Sales and use tax		636			1,016			528
Write-down investment in tax credit partnerships		9,998			9,152			346
Telephone		568			453			541
Donations and contributions		749			544			506
Marketing		446			498			338
Supplies		612			504			495
Fraud and forgery losses		1,988			425			463
Directors fees		730			659			632
Postage		366			290			278
Other operational losses		2,777			197			1,677
Core processing deconverison expense		939			3,007			-
Other		6,686			5,828			3,748
Total other operating expenses	$	31,075		$	27,157		$	15,490