Other Operating Income and Expense

3 Months Ended

Mar. 31, 2021

Other Income And Expenses [Abstract]

14.	OTHER OPERATING INCOME AND EXPENSE

Other Operating Income

Other operating income for the three months ended March 31, 2021 and 2020 consisted of the following:

	Three Months Ended
	March 31,
	2021		2020
	(Dollars in Thousands, Except Per Share Data)
Bank-owned life insurance	$	108	$	108
Auto Club revenue		19		35
ATM fee income		136		100
Wire transfer fees		14		13
Gain on sales of premises and equipment and other assets		71		115
Other income	$	348	$	371

All of the Company’s revenue that is subject to ASU 2014-09, Revenue from Contracts with Customers, codified at 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 the three-month periods ended March 31, 2021 and 2020 was $0.5 million and $0.7 million, respectively. 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, 2021.

Other Operating Expense

Other operating expense for the three months ended March 31, 2021 and 2020 consisted of the following:

	Three Months Ended
	March 31,
	2021		2020
	(Dollars in Thousands, Except Per Share Data)
Postage, stationery and supplies	$	215	$	214
Telephone/data communication		232		223
Advertising and marketing		29		44
Travel and business development		28		126
Collection and recoveries		46		85
Other services		64		91
Insurance expense		163		162
FDIC insurance and state assessments		153		80
Loss on sales of premises and equipment and other assets		32		166
Core deposit intangible amortization		91		110
Other real estate/foreclosure expense, net		7		19
Other expense		561		342
Total	$	1,621	$	1,662