Transactions with related parties

12 Months Ended

Dec. 31, 2016

Certain officers and directors (and the companies with which they are associated) are customers of, and have had banking transactions with, the Bank in the ordinary course of the Bank’s business. In addition, the Bank expects to continue to have such banking transactions in the future. All loans and commitments to loan to such parties are generally made on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons. In the opinion of management, these transactions do not involve more than the normal risk of collectability or present any other unfavorable features.

An analysis of activity with respect to loans to officers and directors of the Bank for the years ended December 31, 2016 and 2015 was approximately as follows (dollars in thousands):



	2016			2015
Balance at beginning of year	$	2,253		$	2,791
Additions	485			106
Repayments	(1,321		)	(644		)
Balance at end of year	$	1,417		$	2,253

Some officers and directors of the Bank also have credit card lines. The total outstanding balance of their credit cards at December 31, 2016 and 2015 was $0.01 million and $0.03 million, respectively while the total outstanding commitments on these cards were $0.1 million.