Note 18 - Other Expenses

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Other Income and Other Expense Disclosure [Text Block]

NOTE 18: OTHER EXPENSES

Other expenses for the years ended December 31, 2021, 2020 and 2019 were as follows:

	December 31,		December 31,		December 31,
	2021		2020		2019
Directors compensation	$	256,290	$	238,704	$	232,826
Outside services		150,000		139,737		164,930
Legal expense		350,669		292,451		313,520
Deposit expense		79,563		81,725		80,879
Office supplies		98,388		123,334		129,988
Telephone		168,574		145,396		143,411
Postage		159,262		149,783		197,775
Insurance		196,100		183,380		161,032
Supervisory exam		69,958		68,320		63,619
Accounting		353,770		350,370		387,102
Organization dues		214,641		181,155		170,017
Loan expense		383,478		415,436		417,736
Contributions		62,500		132,200		82,200
ATM expense		223,738		307,999		252,192
Other operating		1,360,446		1,235,821		1,007,578
	$	4,127,377	$	4,045,811	$	3,804,805