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Other Noninterest Expenses

12 Months Ended

Dec. 31, 2022

Other Noninterest Expenses

Other Noninterest Expenses

NOTE 23: 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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​	​	​	​	​	​	​	​	​	​	​
​	​	Year Ended December 31,
(Dollars in thousands)		2022			2021			2020
Data processing fees	​	$	10,514	​	$	11,088	​	$	10,916	​
Professional fees	​	​	2,767	​	​	3,066	​	​	3,046	​
Marketing and advertising expenses	​	​	1,805	​	​	1,523	​	​	1,663	​
Mortgage banking loan processing expenses	​	​	1,682	​	​	3,128	​	​	3,235	​
Travel and educational expenses	​	​	1,393	​	​	959	​	​	1,153	​
Telecommunication expenses	​	​	1,368	​	​	1,517	​	​	1,455	​
All other noninterest expenses	​		5,850	​		7,154	​		7,867	​
Total other noninterest expenses	​	$	25,379	​	$	28,435	​	$	29,335	​

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There were no merger related expenses for the year ended December 31, 2022 or 2021.  The table above includes merger related expenses for the year ended December 31, 2020 of $898,000, of which $501,000 was included in data processing fees, $336,000 was included in professional fees, and $61,000 was included in all other noninterest 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-URI https://asc.fasb.org/topic&trid=2122503

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

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