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Related Party Transactions
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 14 - RELATED PARTY TRANSACTIONS

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

 

(dollars in thousands)

 

2019

 

 

2018

 

Beginning balance

 

$

3,600

 

 

$

2,300

 

New loans and advances

 

 

16,180

 

 

 

7,400

 

Repayments

 

 

(15,780

)

 

$

(6,100

)

Ending balance

 

$

4,000

 

 

$

3,600

 

 

 

There were no loan commitments outstanding to executive officers, directors and their related interests with whom they are associated as of December 31, 2019 and $800,000 as of December 31, 2018.

Deposits from principal officers, directors, and their affiliates at year-end 2019 and 2018 were $84.6 million and $52.1 million.