Related Party Transactions

12 Months Ended

Dec. 31, 2018

Note 22 – 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 the periods indicated (in thousands):


Balance January 1, 2017	$	2,432
Advances/new loans		437
Removed/payments		(721	)

Balance December 31, 2017		2,148
Advances/new loans		8,854
Removed/payments		(1,799	)

Balance December 31, 2018	$	9,203

Deposits of directors, officers and other related parties to the Bank totaled $43,881,000 and $46,025,000 at December 31, 2018 and 2017, respectively.