Certain officers, directors and principal stockholders of the Company and its subsidiaries, their immediate families or their affiliated companies (“related parties”) have loans with one or more of the subsidiaries. These loans are made in the ordinary course of business on substantially the same terms, including interest and collateral, as those prevailing for comparable transactions with others. Loans to related parties totaled approximately $123,614,000 and $55,125,000 at December 31, 2021 and 2020, respectively. Activity during 2021 and 2020 was as follows (in thousands):

	2021			2020
Beginning balance	$	55,125		$	88,536
New loans		117,927			49,439
Loan repayments		(49,438	)		(1,511	)
Retired director no longer a related party		—			(81,339	)
Ending balance	$	123,614		$	55,125

Deposits from related parties held by First Mid Bank at December 31, 2021 and 2020 totaled $33,036,000 and $48,478,000, respectively.