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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2020

Related Party Transactions

Schedule of related party transactions

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​	​	​	​	​	​	​
​	​	Year ended December 31,
(dollars in thousands)		2020			2019
Beginning balance	​	$	307	​	$	12,611
New Loans and Advances	​	​	271	​	​	498
Repayments	​	​	(322)	​	​	(588)
Changes to Related Parties (1)	​	​	(2)	​	​	(12,214)
Ending Balance	​	$	254	​	$	307

(1) Represents changes related to directors that retired from our Board during the year.

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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.

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