RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2019

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 12 RELATED PARTY TRANSACTIONS 

Officers, directors (and companies controlled by them), principal shareholders, and associates were customers of and had loan transactions with the Bank in the normal course of business. The following table summarizes these transactions, which were made on substantially the same terms as those prevailing for other customers and did not involve any abnormal risk. 

	For the years ended December 31,
(Dollars in thousands)	2019			2018
Beginning balance	$	2,553		$	6,568
New loans and advances on lines		1,925			2,048
Payments and other reductions		(2,021	)		(6,063	)
Ending balance	$	2,457		$	2,553

Total related party deposits held at the Bank were $42.8 million and $23.4 million at the end of years 2019 and 2018, respectively.

NPB Insurance Services, Inc. holds a 39% membership interest in Lonesome Pine Title Agency, LLC, which provides title insurance. Another member of the agency is a related party to the Company.