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Related Parties
12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Parties
Related Parties
 
Loans to the Company’s executive officers and directors are made in the ordinary course of business and are made on substantially the same terms as comparable transactions.  At December 31, 2015 the Company had one related party loan outstanding of $2.4 million, which was new for 2015. At December 31, 2014 there were no outstanding loans to executive officers and directors.
 
At the end of 2015 the Company had related party deposits of $312 million compared to $282 million at the end of 2014. John J. Carona was appointed to the Board of Directors on March 15, 2013, in connection with the Company's acquisition of First Associations Bank ("FAB"). Mr. Carona is the President and Chief Executive Officer of Associations, Inc. ("Associa"), a Texas corporation that specializes in providing management and related services for homeowners associations located accross the United States. At December 31, 2015 and 2014, $310 million and $280 million, respectively, of the related party deposits were attributable to Associa.