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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2016
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

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, 2016

    

$

2,129

 

Changes in composition of related parties

 

 

562

 

New loans, including renewals and advances

 

 

342

 

Payments, including renewals

 

 

(810)

 

Balances, December 31, 2016

 

$

2,223

 

 

Deposits from related parties held by the Company at December 31, 2016 and 2015 totaled $1,530 and $1,138.