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v3.21.1

OTHER EXPENSES | 12 Months Ended
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Dec. 31, 2020
OTHER EXPENSES |
OTHER EXPENSES | 21. OTHER EXPENSES For the dates indicated, other expenses consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |  | December 31,
​ | ​ | 2020 | ​ | 2019 | ​ | 2018
Professional fees | ​ | $ | 2,573 | ​ | $ | 2,532 | ​ | $ | 1,885
Core deposit premium amortization | ​ |  | 1,832 | ​ |  | 1,624 | ​ |  | 1,171
Marketing and promotions | ​ |  | 731 | ​ |  | 1,250 | ​ |  | 979
Stationery and supplies | ​ |  | 548 | ​ |  | 629 | ​ |  | 460
Insurance (including FDIC premiums) | ​ |  | 589 | ​ |  | 406 | ​ |  | 556
Communication and postage | ​ |  | 652 | ​ |  | 568 | ​ |  | 456
Loan default related expense | ​ |  | 350 | ​ |  | 391 | ​ |  | (73)
Director fees | ​ |  | 324 | ​ |  | 301 | ​ |  | 251
Bank service charges | ​ |  | 178 | ​ |  | 89 | ​ |  | 62
Courier expense | ​ |  | 670 | ​ |  | 484 | ​ |  | 200
Impairment of asset | ​ |  | — | ​ |  | — | ​ |  | 600
Other | ​ |  | 821 | ​ |  | 873 | ​ |  | 613
Total | ​ | $ | 9,268 | ​ | $ | 9,147 | ​ | $ | 7,160
​ The Company expenses marketing and promotions costs as they are incurred. Advertising expense included in marketing and promotions totaled $194,000, $261,000 and $162,000 for the years ended December 31, 2020, 2019 and 2018, respectively.

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- Definition The entire disclosure for other expenses. + References No definition available. + Details
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