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Related Party Transactions
 12 Months Ended
Dec. 31, 2023
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 $4,058 and $5,740 at December 31, 2023 and 2022, respectively.

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

 
2023
    
2022
  
Outstanding balance, beginning of year
  
$
2,583
    
$
3,352
  
Credit granted
    
25
      
1,660
  
Repayments / Reductions
    
(186
)
    
(2,429
)
                 
Outstanding balance, end of year
  
$
2,422
    
$
2,583