Note 15 - Related Party Transactions

3 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

NOTE 15 - RELATED PARTY TRANSACTIONS

Loans to principal officers, directors, and their affiliates were as follows:

	March 31,			December 31,
(dollars in thousands)	2021			2020
Beginning balance	$	1,243		$	4,000
New loans and advances		350			11,498
Repayments		(1,593	)	$	(14,255	)
Ending balance	$	—		$	1,243

There were $11.5 million unfunded loan commitments outstanding to executive officers, directors and their related interests with whom they are associated at March 31, 2021 and $2.0 million at December 31, 2020.

Deposits from principal officers, directors, and their affiliates at March 31, 2021 and December 31, 2020 were $46.5 million and $50.0 million, respectively.