Note 4 - Related Party Transactions

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

Note

4

:

Related Party Transactions

In the ordinary course of business, the Company, through its banking subsidiary, has granted loans to related parties, including executive officers and directors of Bankshares and its subsidiaries. Total funded advances extended to related parties amounted to

$8,754

at

December

31,

2016

and

$8,819

at

December

31,

2015.

During the year ended

December

31,

2016,

total principal additions were

$4,966

and principal payments were

$5,031.

The Company held

$14,604

in deposits for related parties as of

December

31,

2016

and

$11,275

as of

December

31,

2015.