TRANSACTIONS WITH RELATED PARTIES

12 Months Ended

Dec. 31, 2022

The Company has had, and may be expected to have in the future, banking transactions in the ordinary course of business with related parties which include directors, executive officers, chief credit officers, their immediate families, and affiliated companies in which they have 10% or more beneficial ownership, on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with others.

The following is an analysis of the changes in loans to related parties, as a group (dollars in thousands):


	As of and for the Year Ended December 31, 2022
Balance of loans to related parties, December 31, 2021	$	42,557
Change in relationship	(11,254)
New loans/advances	39,545
Repayments	(15,507)
Balance of loans to related parties, December 31, 2022	$	55,341

Unused commitments to directors and executive officers	$	12,722

Loans to related parties did not include significant amounts that were past due, nonaccrual, or TDRs.