Note 19 - Transactions With Related Parties

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

Note

19.

Transactions with Related Parties

The Bank has entered into transactions with its directors, significant stockholders and their affiliates (related parties). Such transactions were made in the ordinary course of business on substantially the same terms and conditions, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers, and did

not,

in the opinion of management, involve more than normal credit risk or present other unfavorable features.

Aggregate

2019

and

2018

loan transactions with related parties were as follows:

(dollars in thousands)	2019			2018
Balance, beginning	$	7,549		$	4,769
New loans		2,053			2,662
Repayments		(2,735	)		(2,502	)
Change in relationship		102			2,620
Balance, ending	$	6,969		$	7,549

The Company has accepted deposits during the ordinary course of business from certain directors and executive officers of the Company and from their affiliates and associates. The total amount of these deposits outstanding was

$8.6

million, and

$8.2

million at

December 31, 2019

and

2018,

respectively.