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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2021

Related Party Transactions

Schedule of related party transactions

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​	​	​	​	​	​	​
​	​	Year ended December 31,
(dollars in thousands)		2021			2020
Beginning balance	​	$	254	​	$	307
New loans and advances	​	​	132	​	​	271
Repayments	​	​	(352)	​	​	(322)
Changes to related parties (1)	​	​	—	​	​	(2)
Ending balance	​	$	34	​	$	254

(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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