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Related Party Transactions
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions
Note 19 — Related Party Transactions
Loans to executive officers, directors, and their affiliates at December 31, 2023 and 2022, were as follows:
(Dollars in thousands)20232022
Balance, beginning of year$76,226 $471 
Advances18,036 10,853 
Principal repayments(23,133)(1,156)
Effect of changes in composition of related parties— 66,058 
Balance, end of year$71,129 $76,226 
Commitments to extend credit$13,523 $2,570 
None of the above loans were considered non-performing or potential problem loans. These loans were made in the ordinary course of business and on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other unaffiliated persons and do not involve more than normal risk of collectability.
Deposits from related parties held by the Company at December 31, 2023 and 2022, amounted to $34.6 million and $40.0 million, respectively.