XML 36 R23.htm IDEA: XBRL DOCUMENT

Related Party Transactions

12 Months Ended

Dec. 31, 2020

NOTE 15 — Related-Party Transactions

A summary of loans to directors, executive officers, and their affiliates follows:


	Years ended December 31,
	2020			2019
Beginning balance	$	1,172		$	1,289
New loans		512			378
Repayments		(650	)		(495	)

Ending balance	$	1,034		$	1,172

Deposits from directors, executive officers, and their affiliates totaled $940 and $1.7 million at December 31, 2020 and 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 were $30 and $43 during the years ended December 31, 2020 and 2019, respectively.