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OTHER EXPENSES

9 Months Ended

Sep. 30, 2023

Other Income and Expenses [Abstract]

NOTE 14 – OTHER EXPENSES

The Company’s other expenses for the periods indicated consisted of the following:


	Three months ended				Nine months ended
	September 30,				September 30,
	2023		2022		2023		2022
Professional fees	$	628	$	453	$	1,520	$	2,335
Core deposit premium amortization		305		516		979		1,527
Marketing and promotions		258		235		658		769
Stationery and supplies		82		89		254		266
Insurance (including FDIC premiums)		367		235		1,002		704
Communication and postage		228		232		678		689
Loan default related expense		34		119		187		257
Director fees and expenses		84		83		249		282
Bank service charges		16		21		49		145
Courier expense		207		193		578		558
Other		119		151		397		454
Total	$	2,328	$	2,327	$	6,551	$	7,986

The Company expenses marketing and promotion costs as they are incurred. Advertising expense included in marketing and promotions totaled $15,000 and $36,000 for the three and nine months ended September 30, 2023, and $12,000 and $54,000 for the three and nine months ended September 30, 2022, respectively.