Note 18 - Other Income and Expenses -

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Other Income and Other Expense Disclosure [Text Block]

Note 18 – Other Income and Expenses –

An analysis of Other Income is as follows for the years ended December 31, 2023, 2022 and 2021:

	2023		2022		2021
	(Dollars in thousands)
Debit Card and ATM Fee Income	$	6,590	$	6,407	$	6,199
Cash Value of Life Insurance Income		2,247		1,931		1,396
Fees and Brokerage Commissions		7,247		6,964		5,015
Pass-Through Income from SBIC Partnerships		1,946		1,347		2,615
Gain on Extinguishment of Debt		1,458		-		-
Gain on Sale of Branch		945		-		492
Swap Fee Income		964		-		-
Other		6,134		3,863		2,757
Total Other Income	$	27,531	$	20,512	$	18,474

An analysis of Other Expenses is as follows for the years ended December 31, 2023, 2022 and 2021:

	2023		2022		2021
	(Dollars in thousands)
Advertising and Promotions	$	4,628	$	3,949	$	2,712
Communications		2,290		2,561		1,976
Ad Valorem Shares Tax		3,160		3,400		2,499
Data Processing Fees		9,034		8,358		8,137
Directors' Fees		1,079		972		790
Insurance		2,028		1,655		1,091
Legal and Professional Fees		3,173		2,359		2,679
Office Supplies and Printing		1,215		1,159		1,131
Regulatory Assessments		4,119		3,124		2,440
Taxes and Licenses		299		61		120
Merger and Conversion Costs		236		4,808		515
Other		13,971		12,414		11,396
Total Other Expenses	$	45,232	$	44,820	$	35,486