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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2020
RELATED PARTY TRANSACTIONS [Abstract]  
RELATED PARTY TRANSACTIONS
NOTE 17 – RELATED PARTY TRANSACTIONS


Certain of our directors and executive officers, including companies in which they are officers or have significant ownership, were loan and deposit customers during 2020 and 2019.


A summary of loans to our directors and executive officers (which includes loans to entities in which the individual owns a 10% or more voting interest) for the years ended December 31 follows:


  
2020
    
2019
  
   
(In thousands)
  
             
Balance at beginning of year
  
$
13,077
    
$
14,205
  
New loans and advances
    
417
      
713
  
Repayments
    
(11,078
)
    
(1,841
)
Balance at end of year
  
$
2,416
    
$
13,077
  


Deposits held by us for directors and executive officers totaled $2.0 million at both December 31, 2020 and 2019.