Related Party Transactions

12 Months Ended

Dec. 31, 2016

Related Party Transactions [Abstract]

Related Party Transactions

Note 18:  Related Party Transactions

Directors and officers of us and Bank SNB were customers of, and had transactions with,us in the ordinary course of business, and similar transactions are expected in the future. All loans included in such transactions were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons and in management’s opinion did not involve more than normal risk of loss or present other unfavorable features. Certain directors, and companies in which they have ownership interests, had indebtedness to us totaling $14.2  million and $26.1 million at December 31, 2016 and 2015, respectively. During 2016, $26.9 million of new loans and advances on existing loans were made to these persons and repayments totaled $38.9 million.During 2015, $41.2 million of new loans and advances on existing loans were made to these persons and repayments totaled $24.2 million.

At December 31, 2016 and 2015, directors, officers and other related parties had demand, non-interest bearing deposits of $1.8 million and $2.1 million, respectively, savings and interest-bearing transaction accounts of $13.2 million and $14.0 million, respectively, and time certificates of deposit of $0 and $0.5 million, respectively.