RELATED-PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands |
12 Months Ended | |
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Dec. 31, 2023 |
Dec. 31, 2022 |
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Summary of related party loan activity | ||
Balance, beginning of year | $ 16,859 | $ 12,833 |
Funded loans | 13,427 | 15,079 |
Payments collected | (5,212) | (11,053) |
Changes in related parties | 284 | 0 |
Balance, end of period | 25,358 | 16,859 |
Deposits from related parties | 16,300 | 36,900 |
Trust and investment management fees | 18,788 | 18,943 |
Related party, assets under management | 111,600 | 123,500 |
Board Member | ||
Summary of related party loan activity | ||
Rental expense | 200 | 200 |
Board of Directors Chairman | ||
Summary of related party loan activity | ||
Trust and investment management fees | $ 100 | $ 100 |
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- Definition Loans and Leases Receivable, Related Parties, Other Increase (Decrease) In Related Parties No definition available.
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- Definition The carrying amount of assets under management. No definition available.
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- Definition Includes (1) underwriting revenue (the spread between the resale price received and the cost of the securities and related expenses) generated through the purchasing, distributing and reselling of new issues of securities (alternatively, could be a secondary offering of a large block of previously issued securities); and (2) fees earned for mergers, acquisitions, divestitures, restructurings, and other types of financial advisory services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition For an unclassified balance sheet, reflects the carrying amount of unpaid loan amounts due from related parties at the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Reflects the amount of new advances made to related parties in the form of loan and lease receivables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash inflow from related parties which reduce the amount of loans and leases receivable due from related parties. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deposits held by the entity for a related party (entity, shareholder, employee). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Details
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