Transactions with Related Parties

3 Months Ended

Mar. 31, 2024

Receivables [Abstract]

Transactions with Related Parties

Note 15. Transactions with Related Parties

Directors, executive officers and non-executive officers of the Company have been customers of and have had transactions with the Bank, and it is expected that such persons will continue to have such transactions in the future. Aggregate loan transactions with related parties for the three months ended March 31, 2024 and 2023 were as follows:

	For the Three Months Ended March 31,
	2024			2023
	(in thousand)
Beginning balance	$	8,810		$	8,318
Originations		1,182			578
Payments		(50	)		(65	)
Ending balance	$	9,942		$	8,831

The Company held deposits in the amount of $8.8 million and $8.4 million from directors, executive officers and non-executive officers at March 31, 2024 and December 31, 2023, respectively.