XML 43 R25.htm IDEA: XBRL DOCUMENT v3.25.0.1
RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
In the normal course of business, the Bank makes loans to its directors and executive officers and to companies in which they have a significant ownership interest. Such loans amounted to approximately $24.1 million and $23.7 million at December 31, 2024 and 2023, respectively. The activity in loans to current directors, executive officers, and their affiliates during the year ended December 31, 2024, is summarized as follows:
($ in thousands)
Loans outstanding at beginning of year$23,680 
Advances/new loans1,204 
Removed/payments(756)
Loans outstanding at end of year$24,128 
Deposits from principal officers, directors, and their affiliates at year-end 2024 and 2023 were $18.0 million and $15.6 million.