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Related Party Transactions
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions RELATED PARTY TRANSACTIONS
Loans to principal officers, directors, and their affiliates during 2021 were as follows:
2021
Balance at December 31, 2020$10,028
New loans347 
Repayments(3,061)
Balance at December 31, 2021$7,314 
Deposits from principal officers, directors, and their affiliates at December 31, 2021 and December 31, 2020 were $7,112 and $5,774.
The Company leases a portion of an office building from a related party of the Company. Rent payments related to these leases amounted to $539 and $409 for the years ended December 31, 2021 and 2020.
The Company entered into transactions during the normal course of business with an insurance agency that is a related party of the Company. Payments to the insurance agency amounted to $299 and $427 for the years ended December 31, 2021 and 2020.