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Other Noninterest Expenses

3 Months Ended

Mar. 31, 2021

Other Noninterest Expenses

Other Noninterest Expenses

NOTE 13: Other Noninterest Expenses

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The following table presents the significant components in the Consolidated Statements of Income line “Noninterest Expenses-Other.”

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​	​	​	​	​	​	​	​
​	​	Three Months Ended March 31,
(Dollars in thousands)		2021			2020
Data processing fees	​	$	2,903	​	$	2,674	​
Mortgage banking loan processing expenses	​	​	894	​	​	484	​
Professional fees	​	​	747	​	​	980	​
Marketing and advertising expenses	​	​	345	​	​	490	​
Telecommunication expenses	​	​	374	​	​	372	​
Travel and educational expenses	​		154	​		444	​
All other noninterest expenses	​		1,910	​		1,777	​
Total other noninterest expenses	​	$	7,327	​	$	7,221	​

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The table above includes merger related expenses for the three months ended March 31, 2020 of $590,000, of which $238,000 was included in data processing fees, $314,000 was included in professional fees, and $38,000 was included in all other noninterest expenses.  There were no merger related expenses during the three months ended March 31, 2021.

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-URI http://asc.fasb.org/topic&trid=2122503

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 610
-URI http://asc.fasb.org/topic&trid=49130413

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