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Related Party Transactions
 3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Related Party Transactions
NOTE 11 – RELATED PARTY TRANSACTIONS
A summary of loans to directors, executive officers, and their affiliates follows:
 
   
March 31,

2020
   
December 31,
2019
 
   
(in thousands)
 
Beginning balance
  $ 1,172   $ 1,289 
New loans
   4    378 
Repayments
   (77)    (495) 
  
 
 
   
 
 
 
Ending balance
  $ 1,099   $ 1,172 
  
 
 
   
 
 
 
Deposits from directors, executive officers, and their affiliates totaled $1,238 and $1,686 at March 31, 2020 and December 31, 2019, respectively.
The Company utilizes the services of law firms in which certain of the Company’s directors are partners. Fees paid to the firms for these services were $7 and $12 during the three months ended March 31, 2020 and 2019, respectively.