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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2017
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, 2017

    

$

2,223

 

Changes in composition of related parties

 

 

66

 

New loans, including renewals and advances

 

 

916

 

Payments, including renewals

 

 

(538)

 

Balances, December 31, 2017

 

$

2,667

 

 

Deposits from related parties held by the Company at December 31, 2017 and 2016 totaled $1,852 and $1,530.