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Other Income and Other Expenses
12 Months Ended
Dec. 31, 2020
Other Income and Other Expenses  
Note 27. Other Income and Other Expenses

Note 27. Other Income and Other Expenses

 

The components of other income and other expenses which are in excess of one percent of total revenues in either of the two years disclosed are as follows:

 

 

 

 

2020

 

 

2019

 

Income

 

 

 

 

 

 

Income from investment in CFS Partners

 

$684,891

 

 

$588,696

 

 

 

 

 

 

 

 

 

 

Expenses

 

 

 

 

 

 

 

 

Outsourcing expense

 

$473,426

 

 

$428,668

 

Service contracts - administration

 

 

506,144

 

 

 

539,510

 

Marketing

 

 

425,000

 

 

 

450,533

 

State deposit tax

 

 

704,047

 

 

 

669,502

 

ATM fees

 

 

486,590

 

 

 

434,270