Other Operating Income and Expense

9 Months Ended

Sep. 30, 2021

Other Income And Expenses [Abstract]

15.	OTHER OPERATING INCOME AND EXPENSE

Other Operating Income

Other operating income for the three and nine months ended September 30, 2021 and 2020 consisted of the following:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
	(Dollars in Thousands, Except Per Share Data)
Bank-owned life insurance	$	110	$	108	$	327	$	323
Credit insurance commissions and fees		63		54		150		252
Auto Club revenue		34		22		90		75
ATM fee income		141		128		432		344
Wire transfer fees		18		14		49		42
Gain on sales of premises and equipment and other assets		17		316		17		324
Other income		34		33		150		192
Total	$	417	$	675	$	1,215	$	1,552

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 nine-month periods ended September 30, 2021 and 2020 was $1.5 million and $2.0 million, respectively, and for the three-month periods ended September 30, 2021 and 2020 was $0.5 million and $0.6 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 September 30, 2021.

Other Operating Expense

Other operating expense for the three and nine months ended September 30, 2021 and 2020 consisted of the following:

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2021			2020		2021			2020
	(Dollars in Thousands, Except Per Share Data)
Postage, stationery and supplies	$	206		$	207	$	618		$	639
Telephone/data communication		283			232		742			684
Advertising and marketing		33			42		115			128
Travel and business development		42			32		109			181
Collection and recoveries		32			41		142			186
Other services		129			87		272			263
Insurance expense		149			140		464			443
FDIC insurance and state assessments		191			119		521			315
Loss on sales of premises and equipment and other assets		76			152		130			439
Core deposit intangible amortization		85			104		268			323
Other real estate/foreclosure expense, net		(273	)		21		(286	)		62
Other expense		537			559		1,564			1,303
Total	$	1,490		$	1,736	$	4,659		$	4,966