RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2019

LCNB has entered into related party transactions with various directors and executive officers. Management believes these transactions do not involve more than a normal risk of collectability or present other unfavorable features. The following table provides a summary of the loan activity for these officers and directors for the years ended December 31 (in thousands):



	2019			2018
Beginning balance	$	2,438		1,870
New loans and advances	609			419
Change in composition of related parties	—			1,052
Reductions	(667		)	(903	)
Ending Balance	$	2,380		2,438

Deposits from executive officers, directors and related interests of such persons held by the Company at December 31, 2019 and 2018 amounted to $3,168,000 and $2,849,000, respectively.