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Loans To Related Parties

12 Months Ended

Dec. 31, 2018

Related Party Transactions [Abstract]

Loans to Related Parties

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, 2018	$	11,885
Disbursements	622
Amounts repaid	(769		)
Balance, December 31, 2018	$	11,738
Undisbursed commitments to related parties, December 31, 2018	$	1,442

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- References

No definition available.

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- 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-URI http://asc.fasb.org/topic&trid=2122745

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