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Related Party Transactions
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
In the ordinary course of business, the Bank has made loans to certain of its directors and executive officers (and their associated and affiliated companies). All such loans have been made in accordance with regulatory requirements.
The following table summarizes the activity in these loans for the periods indicated:
(in thousands)
Balance January 1, 2023$11,384 
Advances/new loans— 
Removed/payments(9,851)
Balance December 31, 20231,533 
Advances/new loans1,257 
Removed/payments(335)
Balance December 31, 2024$2,455 
Deposits of directors, officers and other related parties to the Bank totaled $33.1 million and $29.7 million at December 31, 2024 and 2023, respectively.