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Note 16 - Related Party Transactions
12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

Note 16– Related Party Transactions     


During 2015, approximately $427 thousand in interest was paid to the current or former directors of the Company or accounts for the benefit of such persons in respect of the Company’s subordinated notes, due 2021. See Note 12 for additional information regarding these subordinated notes.


The Bank leases office space from limited liability companies in which a trust for the benefit of an executive officer’s children has an 85% interest in one instance and a 51% interest in another. During the fourth quarter of 2015, the Company entered into an agreement to lease office space for a second location with limited liability companies in which an executive officer indirectly owns a majority interest. The Company paid $1.6 million, $1.3 million, and $822 thousand excluding certain pass-through expenses for the years ended December 31, 2015, 2014 and 2013, respectively.


A director is a partner in the law firm which has provided, and continues to provide, legal services to the Company and its subsidiaries. During 2015, the Company and its subsidiaries paid aggregate fees of $1.1 million to that firm. Under Mr. Roger’s arrangement with his firm, he does not participate significantly in the profits or revenues resulting from the provision of legal services to the Company and its subsidiaries.