XML 77 R23.htm IDEA: XBRL DOCUMENT
v3.20.1

Other Operating Income and Expense | 3 Months Ended
--- | ---
Mar. 31, 2020
Other Income And Expenses [Abstract] |
Other Operating Income and Expense |
1 4. | OTHER OPERATING INCOME AND EXPENSE
Other Operating Income Other operating income for the three months ended March 31, 2020 and 2019 consisted of the following:
|  | Three Months Ended |
|  | March 31, |
|  | 2020 |  |  | 2019 |
|  | (Dollars in Thousands, Except Per Share Data) |
Bank-owned life insurance |  | $ | 108 |  |  | $ | 106 |
Auto Club revenue |  |  | 35 |  |  |  | 38 |
ATM fee income |  |  | 100 |  |  |  | 104 |
Wire transfer fees |  |  | 13 |  |  |  | 11 |
Other income |  |  | 115 |  |  |  | 78 |
Total |  | $ | 371 |  |  | $ | 337 |
On January 1, 2018, the Company implemented ASU 2014-09, Revenue from Contracts with Customers, codified at ASC Topic 606. The majority of the Company’s revenue is generated through interest earned on financial instruments, including loans and investment securities, which falls outside the scope of ASC Topic 606. The Company also generates revenue from insurance- and lease-related contracts that fall outside the scope of ASC Topic 606. All of the Company’s revenue that is subject to ASC Topic 606 is included in non-interest income; however, not all non-interest income is subject to ASC Topic 606. Revenue earned by the Company that is subject to ASC Topic 606 primarily consists of service and other charges on deposit accounts, mortgage fees from secondary market transactions at the Bank, ATM fee income and other non-interest income. Revenue generated from these sources for both of the three-month periods ended March 31, 2020 and 2019 was $0.7 million. All sources of the Company’s revenue subject to ASC Topic 606 are transaction-based, and revenue is recognized at the time at which the transaction is executed, which is the same time at which the Company’s performance obligation is satisfied. The Company had no contract liabilities or unsatisfied performance obligations with customers as of March 31, 2020. Other Operating Expense Other operating expense for the three months ended March 31, 2020 and 2019 consisted of the following:
|  | Three Months Ended |
|  | March 31, |
|  | 2020 |  |  | 2019 |
|  | (Dollars in Thousands, Except Per Share Data) |
Postage, stationery and supplies |  | $ | 214 |  |  | $ | 238 |
Telephone/data communication |  |  | 223 |  |  |  | 213 |
Advertising and marketing |  |  | 44 |  |  |  | 34 |
Travel and business development |  |  | 126 |  |  |  | 111 |
Collection and recoveries |  |  | 85 |  |  |  | 80 |
Other services |  |  | 91 |  |  |  | 72 |
Insurance expense |  |  | 162 |  |  |  | 162 |
FDIC insurance and state assessments |  |  | 80 |  |  |  | 119 |
Gain or loss on sale of fixed assets |  |  | 166 |  |  |  | 85 |
Core deposit intangible amortization |  |  | 110 |  |  |  | 128 |
Other real estate/foreclosure expense, net |  |  | 19 |  |  |  | 58 |
Other expense |  |  | 342 |  |  |  | 483 |
Total |  | $ | 1,662 |  |  | $ | 1,783 |

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other operating income and other operating expense items. + References No definition available. + Details
Name: | us-gaap_OtherOperatingIncomeAndExpenseTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration