NOTE 4 - LOANS

Loans at year-end were as follows:

	2017			2016
Commercial and Agriculture	$	152,473		$	135,462
Commercial Real Estate - owner occupied		164,099			161,364
Commercial Real Estate - non-owner occupied		425,623			395,931
Residential Real Estate		268,735			247,308
Real Estate Construction		97,531			56,293
Farm Real Estate		39,461			41,170
Consumer and Other		16,739			17,978
Total Loans		1,164,661			1,055,506
Allowance for loan losses		(13,134	)		(13,305	)
Net loans	$	1,151,527		$	1,042,201

Included in total loans above are deferred loan fees of $223 at December 31, 2017 and deferred loan costs of $94 at December 31, 2016.

NOTE 4 – LOANS (Continued)

Loans to principal officers, directors, and their affiliates at year-end 2017 and 2016 were as follows:

	2017			2016
Balance - Beginning of year	$	14,389		$	15,147
New loans and advances		2,344			850
Repayments		(1,256	)		(1,575	)
Effect of changes to related parties		(1,475	)		(33	)
Balance - End of year	$	14,002		$	14,389