Loans To Related Parties

12 Months Ended

Dec. 31, 2014

LOANS TO RELATED PARTIES

During the normal course of business, the Bank enters into loans with related parties, including executive officers and directors. The following is a summary of the aggregate activity involving related party borrowers (in thousands):



Balance, January 1, 2014	$	807
Disbursements	338
Amounts repaid	(362		)
Balance, December 31, 2014	$	783

Undisbursed commitments to related parties, December 31, 2014	$	946

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include 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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