XML 46 R31.htm IDEA: XBRL DOCUMENT v3.20.4
Related Party Transactions
12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]  
Related Party Transactions
(22)
Related Party Transactions

The Bank, in the ordinary course of business, has loan and deposit transactions with directors and executive officers. In management’s opinion, these transactions were on substantially the same terms as comparable transactions with other customers of the Bank. The amount of such deposits totaled approximately $7,093, $4,542 and $5,186 at December 31, 2020, 2019, and 2018, respectively.

The following is an analysis of the activity of loans to executive officers and directors for the years ended December 31:

 
2020
   
2019
   
2018
 
Outstanding balance, beginning of year
 
$
3,113
   
$
1,729
   
$
2,472
 
Credit granted
   
1,662
     
2,178
     
1,682
 
Repayments / Reductions
   
(811
)
   
(794
)
   
(2,425
)
                         
Outstanding balance, end of year
 
$
3,964
   
$
3,113
   
$
1,729