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Note 12 - Related Party Transactions
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

Note 12 – Related Party Transactions

 

Loans to executive officers, directors and their affiliates were as follows at December 31:

 

(Dollars in thousands)

  

2020

    

2019

  
                 

Balance, beginning of year

   $ 10,563     $ 5,343  

New loans

     12,211       2,988  

Repayments

     (5,125 )     (3,372 )

Effect of changes in related parties

     -       (4,664 )
Loans acquired from merger     3,075       10,268  

Balance, end of year

   $ 20,724     $ 10,563  

 

Deposits from executive officers, directors and their affiliates were $14.7 million and $9.0 million at December 31, 2020 and 2019, respectively.