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LOANS TO OFFICERS AND DIRECTORS (Tables)
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Activity with Respect to Aggregate Loans to Related Parties

For the years 2017 and 2016, an analysis of activity with respect to such aggregate loans to related parties appears below (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2017

 

 

2016

 

Balance – beginning of year

 

$

321,392

 

 

$

710,085

 

New loans

 

 

61,697

 

 

 

125,868

 

Repayments

 

 

(94,378

)

 

 

(13,148

)

Reduction due to change in reportable loans

 

 

(101,049

)

 

 

(501,413

)

Balance – end of year

 

$

187,662

 

 

$

321,392