Note 15 - Related Party Transactions

9 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

NOTE 15 - RELATED PARTY TRANSACTIONS

Loans to principal officers, directors, and their affiliates were as follows:

	For the nine months ended			For the year ended
	September 30,			December 31,
(dollars in thousands)	2023			2022
Beginning balance	$	6,869		$	8,441
Repayments		—			(1,572	)
Balance re-categorized to non-related party		(6,869	)		—
Ending balance	$	—		$	6,869

Outstanding loan commitments to executive officers, directors and their related interests with whom they are associated were none and $1.6 million at September 30, 2023 and  December 31, 2022, respectively.

Deposits from principal officers, directors, and their affiliates at September 30, 2023 and December 31, 2022 were $22.5 million and $88.1 million, respectively.

Certain directors and their affiliates own $6.0 million of RBB's subordinated debentures as of September 30, 2023.