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Related Party Transactions
 12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]  
Related Party Transactions 16.RELATED PARTY TRANSACTIONS

During the ordinary course of business, loans are made to executive officers, directors, greater than 5% shareholders and associates of such persons. These transactions are executed on substantially the same terms and at the rates prevailing at the time for comparable transactions with others. These loans do not involve more than the normal risk of collectability or present other unfavorable features. A summary of loan activity with officers, directors, associates of such persons and shareholders who own more than 5% of the Company’s outstanding shares is as follows:

Years ended December 31,

(dollars in thousands)

2020

2019

2018

Balance, beginning

$

6,765

$

6,542

$

6,497

Adjustments for changes in position

(1,063)

-

-

Additions

7,156

1,864

1,314

Collections

(2,973)

(1,641)

(1,269)

Balance, ending

$

9,885

$

6,765

$

6,542

As of December 31, 2020, 2019 and 2018, deposits from executive officers and directors approximated $27.9 million, $14.8 million and $14.4 million, respectively.