XML 37 R22.htm IDEA: XBRL DOCUMENT v3.24.0.1
Related Party Transactions
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
In the ordinary course of business, certain officers, directors, and principal shareholders, as well as their immediate family members and their affiliates, maintain a variety of banking relationships with the Company.
An analysis of loan activity to these related parties is as follows:
Years Ended December 31,
(in thousands)20232022
Loan balance - beginning of period$32,648 $23,792 
New loans3,773 4,408 
Changes in relationships, net690 10,886 
Repayments(7,053)(6,438)
Loan balance - end of period$30,058 $32,648 
As of December 31, 2023 and 2022, deposits from directors, executive officers, their immediate family members, and their affiliates totaled approximately $74.6 million and $67.3 million, respectively.