RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2015

NOTE 21 — RELATED PARTY TRANSACTIONS

The Company has entered into transactions with certain directors, executive officers, significant shareholders and their affiliates or associates (related parties).

The aggregate amount of loans, as defined, to such related parties was as follows:


Balances, January 1, 2015	$	2,144
Changes in composition of related parties		20
New loans, including renewals and advances		618
Payments, including renewals		(653)
Balances, December 31, 2015	$	2,129

Deposits from related parties held by the Company at December 31, 2015 and 2014 totaled $1,138 and $2,241.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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