Note 20 - Other Expenses

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Other Income and Other Expense Disclosure [Text Block]

NOTE 20:         OTHER EXPENSES

Other expenses for the years ended December 31, 2020, 2019 and 2018 were as follows:

	December 31,		December 31,		December 31,
	2020		2019		2018
Directors compensation	$	238,704	$	232,826	$	235,060
Outside services		139,737		164,930		122,715
Legal expense		292,451		313,520		249,572
Deposit expense		81,725		80,879		78,892
Office supplies		123,334		129,988		160,727
Telephone		145,396		143,411		183,732
Postage		149,783		197,775		175,614
Insurance		183,380		161,032		113,610
Supervisory exam		68,320		63,619		67,222
Accounting		350,370		387,102		453,000
Organization dues		181,155		170,017		172,259
Loan expense		415,436		417,736		410,177
Contributions		132,200		82,200		60,000
ATM expense		307,999		252,192		245,892
Other operating		1,235,821		1,007,578		1,210,112
	$	4,045,811	$	3,804,805	$	3,938,584