Note 4 - Related Party Transactions

12 Months Ended

Dec. 31, 2019

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 NBI and its subsidiaries. Total funded credit extended to related parties amounted to

$15,098

at

December 31, 2019

and

$18,700

at

December 31, 2018.

During

2019,

there was a change in related party relationships that resulted in removal of loans with funded amounts at

December 31, 2018

of

$3,382.

During

2018,

there was a change in related party relationships that resulted in removal of loans with funded amounts at

December 31, 2017

of

$782.

During

2019,

total principal additions were

$6,152

and principal payments were

$6,372.

The Company held

$5,907

in deposits for related parties as of

December 31, 2019

and

$6,911

as of

December 31, 2018.

The Company leases to a director a small office space. The lease payments totaled

$5

in

2019

and

$5

in

2018.