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Transactions with Related Parties
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Transactions with Related Parties

Note 16. Transactions with Related Parties

Directors and officers of the Company have been customers of and have had transactions with the Bank, and it is expected that such persons will continue to have such transactions in the future. Aggregate loan transactions with related parties for the years ended December 31, 2021, 2020, and 2019 were as follows:

 

 

 

For the Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Beginning balance

 

$

424

 

 

$

1,260

 

 

$

1,278

 

Originations

 

 

10

 

 

 

197

 

 

 

60

 

Payments

 

 

(82

)

 

 

(1,033

)

 

 

(78

)

Ending balance

 

$

352

 

 

$

424

 

 

$

1,260

 

 

The Company held deposits in the amount of $6.2 million, 6.8 million and $8.3 million from officers and directors at December 31, 2021, 2020 and 2019, respectively.