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Related Party Transactions | 12 Months Ended
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Dec. 31, 2018
Related Party Transactions [Abstract] |
Related Party Transactions | 6. Related Party Transactions In the ordinary course of business, CTB has made extensions of credit and had transactions with certain directors and executive officers of CTBI or our subsidiaries, including their associates (as defined by the Securities and Exchange Commission). We believe such extensions of credit and transactions were made on substantially the same terms, including interest rate and collateral, as those prevailing at the same time for comparable transactions with other persons. Activity for related party extensions of credit during 2018 and 2017 is as follows:
(in thousands) |  | 2018 |  |  | 2017 |
Related party extensions of credit, beginning of period |  | $ | 16,832 |  |  | $ | 27,081 |
New loans and advances on lines of credit |  |  | 6,425 |  |  |  | 522 |
Repayments |  |  | (3,794 | ) |  |  | (2,615 | )
Increase (decrease) due to changes in related parties |  |  | 0 |  |  |  | (8,156 | )
Related party extensions of credit, end of period |  | $ | 19,463 |  |  | $ | 16,832 |
The aggregate balances of related party deposits at December 31, 2018 and 2017 were $16.6 million and $15.8 million, respectively. A director of CTBI is a shareholder in a law firm that provided services to CTBI and its subsidiaries during the years 2018, 2017, and 2016. Approximately $1.1 million in legal fees and $0.1 million in expenses paid on behalf of CTBI, $1.2 million total, were paid to this law firm during 2018. Approximately $1.1 million in legal fees and $0.1 million in expenses, $1.2 million total, were paid during 2017, and approximately $1.0 million in legal fees and $0.1 million in expenses, $1.1 million in total, were paid during 2016.

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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