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Note 19 - Related Party Transactions
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
Note
19
. Related Party Transactions
 
The Company engages in transactions with related parties in the normal course of business. Related parties include directors, executive officers, and principal shareholders and their immediate family members, business interests, and affiliates. All related party transactions are made on terms that are substantially the same as those prevailing at the time for similar transactions with unrelated parties, including interest rates and collateral. The following table presents the changes in loans with related parties during the periods indicated:
 
   
Year Ended December 31,
 
   
2019
    
2018
  
(Amounts in thousands)
  
 
 
 
  
 
 
 
Beginning balance
   $
22,033
     $
19,337
  
New loans and advances
    
3,958
      
7,142
  
Loan repayments
    
(5,634
 )    
(4,676
 )
Reclassifications
(1)
    
(12
 )    
230
  
Ending balance
   $
20,345
     $
22,033
  
 
(
1
)
Changes related to the composition of the Company's directors, executive officers, and related insiders
 
Deposits from related parties totaled
$7.29
million as of
December 31, 2019,
and
$7.30
million as of
December 31, 2018.
Legal fees paid to related parties totaled
$150
thousand in
2019,
$67
thousand in
2018,
and
$44
thousand in
2017.
There were
no
lease payments paid to related parties in
2019
and in
2018;
$49
thousand was paid in
2017.
Other expense paid to related parties totaled
$7
thousand in
2019,
$4
thousand in
2018,
and
$63
thousand in
2017.