Related Party Transactions

9 Months Ended

Sep. 30, 2016

Note 26 - Related Party Transactions

Certain directors, officers, and companies with which they are associated were customers of, and had banking transactions with, the Company or the Bank in the ordinary course of business.

The following table summarizes the activity in these loans for periods indicated (in thousands):


Balance December 31, 2014	$	3,132
Advances/new loans		3,098
Removed/payments		(2,029	)

Balance December 31, 2015	$	4,201
Advances/new loans		100
Removed/payments		(2,438	)

Balance September 30, 2016	$	1,863

Director Chrysler is a principal owner and CEO of Modern Building Inc. Modern Building Inc. provided construction services to the Company related to new and existing Bank facilities for aggregate payments of $1,249,000 during the nine months ended September 30, 2016 and $1,030,000 during the year ended December 31, 2015.