Related Party Transactions

12 Months Ended

Dec. 31, 2023

Related Party Transactions [Abstract]

Related Party Transactions

Note 18 -- Related Party Transactions

Certain officers, directors and principal stockholders of the Company and its subsidiaries, their immediate families or their affiliated companies (“related parties”) have loans with one or more of the subsidiaries. These loans are made in the ordinary course of business on substantially the same terms, including interest and collateral, as those prevailing for comparable transactions with others. Loans to related parties totaled approximately $248.7 million and $169.7 million at December 31, 2023 and 2022, respectively. Activity during 2023 and 2022 was as follows (in thousands):

	2023			2022
Beginning balance	$	169,684		$	123,614
New loans		195,711			135,464
Loan repayments		(116,697	)		(89,394	)
Ending balance	$	248,698		$	169,684

Deposits from related parties held by First Mid Bank at December 31, 2023 and 2022 totaled $37.7 million and $31.2 million, respectively.