XML 37 R24.htm IDEA: XBRL DOCUMENT v3.22.0.1
Transactions with Related Parties
 12 Months Ended
Dec. 31, 2021
Transactions with Related Parties  
Transactions with Related Parties

Note 15.  Transactions with Related Parties

​

The Company has had, and may be expected to have in the future, banking transactions in the ordinary course of business with related parties which include directors, executive officers, chief credit officers, their immediate families, and affiliated companies in which they have 10% or more beneficial ownership, on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with others.

​

The following is an analysis of the changes in loans to related parties, as a group (dollars in thousands):

​

​

​

​

​

​

   

As of and for the Year Ended

​

​

December 31, 2021

Loans to related parties

​

​

​

Balance at beginning of year

    

$

41,921

Change in relationship

​

 

(2,033)

New loans/advances

​

 

31,761

Repayments

​

​

(29,092)

Balance at end of year

​

$

42,557

​

Loans to related parties did not include amounts that were past due, nonaccrual, or TDRs.

​

Additionally, total unused commitments to directors and executive officers were $8.6 million at December 31, 2021.