Note 15 - Related Party Transactions

6 Months Ended

Jun. 30, 2022

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:

	June 30,			December 31,
(dollars in thousands)	2022			2021
Beginning balance	$	8,441		$	1,243
New loans and advances		—			10,292
Repayments		(1,572	)	$	(3,094	)
Ending balance	$	6,869		$	8,441

There were $1.6 million unfunded loan commitments outstanding to executive officers, directors and their related interests with whom they are associated at June 30, 2022 and none at December 31, 2021.

Deposits from principal officers, directors, and their affiliates at June 30, 2022 and December 31, 2021 were $56.8 million and $57.6 million, respectively.

Several directors and their affiliates own in the aggregate $8.1 million of RBB's subordinated debentures as of June 30, 2022.