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Related-Party Transactions | 12 Months Ended
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Dec. 31, 2024
Related-Party Transactions |
Related-Party Transactions | Note 14: Related-Party Transactions In the ordinary course of business, the Company has granted loans to executive officers, directors, principal shareholders, and their affiliates (together, “related parties”). The following table presents the activity associated with loans made between related parties for the years ended December 31, 2024 and 2023:
​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) |  | 2024 |  | 2023
Beginning Balance | ​ | $ | 31,840 | ​ | $ | 27,676
New Loans and Advances | ​ |  | 6,598 | ​ |  | 8,587
Repayments | ​ |  | (29,119) | ​ |  | (4,423)
Totals | ​ | $ | 9,319 | ​ | $ | 31,840
​ Deposits from related parties held by the Company at December 31, 2024 and 2023 were $18.4 million and $17.9 million, respectively. The Company has a lease agreement with a related party which is disclosed in “Note 9 – Leases”.

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