RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2013

NOTE 14 - RELATED PARTY TRANSACTIONS

Loans to principal officers, directors, and their affiliates as of December 31, 2013 and 2012 were as follows:

(dollars in thousands)	2013			2012
Beginning balance	$	87,808		$	98,853
New loans and advances		171,214			88,072
Effect of changes in related parties		0			6,874
Repayments and renewals		(134,417	)		(105,991	)
Ending balance	$	124,605		$	87,808

Deposits from principal officers, directors, and their affiliates at year-end 2013 were $5.6 million plus an additional $3.7 million included in securities sold under agreements to repurchase. Deposits from principal officers, directors, and their affiliates at year-end 2012 were $6.5 million plus an additional $8.3 million included in securities sold under agreements to repurchase.

- 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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