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Other Noninterest Expenses
9 Months Ended
Sep. 30, 2020
Other Noninterest Expenses  
Other Noninterest Expenses

NOTE 13: Other Noninterest Expenses

The following table presents the significant components in the Consolidated Statements of Income line “Noninterest Expenses-Other.”

Three Months Ended September 30, 

Nine Months Ended September 30, 

(Dollars in thousands)

    

2020

    

2019

    

2020

    

2019

    

Data processing fees

$

2,607

$

2,345

$

8,142

$

6,561

Professional fees

706

1,061

2,424

2,414

Tax service and investor fees

554

359

1,335

797

Marketing and advertising expenses

369

485

1,207

1,293

Telecommunication expenses

311

337

1,092

985

Travel and educational expenses

 

430

 

290

974

996

All other noninterest expenses

 

2,456

 

1,721

 

6,765

 

5,358

Total other noninterest expenses

$

7,433

$

6,598

$

21,939

$

18,404

 

The table above includes merger related expenses for the nine months ended September 30, 2020 of $898,000, of which $501,000 was included in data processing fees, $336,000 was included in professional fees, and $61,000 was included in all other noninterest expenses.  There were no merger related expenses recorded during the three months ended September 30, 2020.  The table above includes merger related expenses for the three and nine months ended September 30, 2019 of $409,000, of which $392,000 was included in professional fees, $1,000 was included in telecommunication expenses and $16,000 was included in all other noninterest expenses.