RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2023

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.

 Schedule of related party

	For the year ended December 31,
(Dollars in thousands)	2023			2022
Beginning balance	$	1,559		$	3,419
New loans and advances on lines		1,750			2,636
Effects of changes in composition of related parties		1,557			—
Payments and other reductions		(2,256	)		(4,496	)
Ending balance	$	2,610		$	1,559

Total related party deposits held at the Bank were $15.6 million and $29.0 million as of December 31, 2023 and 2022, respectively.

NPB Insurance Services, Inc. holds a 39% membership interest in Lonesome Pine Title Agency, LLC, which provides title insurance.