TCF Bank 2007 Annual Report Download - page 92

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72 | TCF Financial Corporation and Subsidiaries
Note 21. Other Expense
Other expense consists of the following.
Year Ended December 31,
(In thousands) 2007 2006 2005
Card processing and issuance $ 18,134 $ 16,986 $ 15,588
Deposit account losses 17,629 17,455 16,821
Postage and courier 13,663 14,532 14,303
Telecommunications 11,790 12,702 12,305
Office supplies 9,581 10,255 10,009
ATM processing 8,647 8,956 8,935
Visa indemnification expense 7,696 ––
Foreclosed real estate, net 5,006 3,684 2,253
Federal deposit insurance and OCC assessments 3,247 3,033 2,777
Deposit base intangible amortization 956 1,629 1,659
Other 59,216 62,217 58,834
Total other expense $155,565 $151,449 $143,484
Note 22. Business Segments
Banking and leasing and equipment finance have been
identified as reportable operating segments. Banking
includes the following operating units that provide financial
services to customers: deposits and investments products,
commercial banking, consumer lending and treasury services.
Management of TCF’s banking operations is organized by
state. The separate state operations have been aggregated
for purposes of segment disclosures. Leasing and equipment
finance provides a broad range of comprehensive leasing
and equipment finance products addressing the financing
needs of diverse businesses. In addition, TCF’s bank holding
company (“Parent Company”) and corporate functions
provide data processing, bank operations and other profes-
sional services to the operating segments.
TCF evaluates performance and allocates resources
based on the segments’ net income. The business segments
follow generally accepted accounting principles as described
in the Summary of Significant Accounting Policies. TCF gener-
ally accounts for inter-segment sales and transfers at cost.