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Other Operating Expense | 12 Months Ended
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Dec. 31, 2024
Other Income and Expenses [Abstract] |
Other Operating Expense | Other Operating Expense Other operating expense from the Consolidated Statements of Income for years ended December 31, 2024, December 31, 2023, and December 31, 2022, is as follows (in thousands):
| December 31, 2024 |  | December 31, 2023 |  | December 31, 2022
FDIC assessment | $ | 3,329 |  |  | $ | 1,957 |  |  | $ | 1,249 |
Historic tax credit amortization | 2,526 |  |  | 2,526 |  |  | 2,526 |
IT related | 2,835 |  |  | 1,961 |  |  | 1,915 |
Consultant fees | 8,510 |  |  | 3,082 |  |  | 1,708 |
ATM, card, & network expense | 5,398 |  |  | 2,566 |  |  | 2,244 |
Directors' fees | 1,991 |  |  | 1,918 |  |  | 1,941 |
Audit expense | 1,905 |  |  | 1,124 |  |  | 705 |
Legal expense | 2,131 |  |  | 2,245 |  |  | 986 |
Virginia franchise tax | 2,487 |  |  | 2,601 |  |  | 2,492 |
Marketing expense | 1,894 |  |  | 459 |  |  | 1,035 |
Donation expense | 6,157 |  |  | 89 |  |  | 162 |
Core deposit intangible amortization | 11,460 |  |  | — |  |  | — |
(Gain) / loss on sale or disposal of assets | 2,177 |  |  | 37 |  |  | (4,533) |
Other | 16,007 |  |  | 5,418 |  |  | 4,989 |
Total | $ | 68,807 |  |  | $ | 25,983 |  |  | $ | 17,419 |
The Company incurred merger-related expenses of $17.0 million and $3.0 million for the year ended December 31, 2024, and December 31, 2023, respectively. These expenses are included in the consultant fees, audit fees, legal expense, donation, and other line items detailed in other operating expenses.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
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