Related Party Transactions

12 Months Ended

Dec. 31, 2015

NOTE 14 - RELATED PARTY TRANSACTIONS

Certain directors, executive officers and companies with whom they are affiliated were loan customers during 2015. The following is an analysis of such loans:

	(Amounts in thousands)
Total related-party loans at December 31, 2014	$	4,165
New related-party loans		2,147
Repayments or other		(1,942	)
Total related-party loans at December 31, 2015	$	4,370

Deposits from executive officers, directors, and their affiliates at December 31, 2015 and 2014 were $2.5 million and $2.6 million, respectively.

The banking relationships were made in the ordinary course of business with the Bank.

- 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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