Related-Party Transactions

12 Months Ended

Dec. 31, 2014

NOTE 16 — RELATED-PARTY TRANSACTIONS

Loans to related parties and their affiliates during 2014 and 2013 were as follows:

(Dollars in thousands)	2014			2013
Beginning balance	$	18,247		$	—
Acquired in acquisition		—			17,112
New loans and advances		79,429			9,459
Effect of changes in composition of related parties		8,298			—
Repayments		(69,327	)		(8,324	)
Ending balance	$	36,647		$	18,247

Advances and repayments of related party loans include activity on revolving credit and asset-based lending arrangements.

Related party deposits at December 31, 2014 and 2013 were $13,484,000 and $5,743,000, respectively.

- 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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