v3.26.1
Other Operating Expense
3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
Other Operating Expense Other Operating Expense
Other operating expense from the Consolidated Statements of Income for the three months ended March 31, 2026, and March 31, 2025, is as follows (in thousands):
Three Months Ended March 31,
20262025
Historic tax credit amortization$239 $435 
IT related396 417 
Consultant fees713 506 
Directors' fees463 443 
Audit expense582 222 
Legal expense1,298 343 
Virginia franchise tax965 960 
Marketing expense443 387 
Donation expense23 11 
Other5,303 5,390 
Total $10,425 $9,114 
The Company incurred merger-related expenses of $1.4 million and zero for the three months ended March 31, 2026 and March 31, 2025, respectively. These expenses are primarily included in the consultant fees, audit expense, legal expense, and other line items detailed in other operating expenses.