Mostly they are extra moderation tools like splitting posts, locking threads, pinning topics etc, you’ve probably seen a moderator do this kind of thing before.
Just to expand on what @TheContractor said, we are not moderators so we don’t have the ability to ban, suspend or silence users.
You find a bit more info here:
And welcome back to the forum , I had noticed you had not posted in a while, it’s good to see you back