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Related Party Transactions
9 Months Ended
Sep. 30, 2017
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 14 - RELATED PARTY TRANSACTIONS

Loans to principal officers, directors, and their affiliates were as follows:

 

 

 

September 30,

 

 

December 31,

 

(dollars in thousands)

 

2017

 

 

2016

 

Beginning balance

 

$

3,445

 

 

$

3,971

 

New loans and advances

 

 

900

 

 

 

1,274

 

Repayments

 

 

(3,345

)

 

 

(1,800

)

Ending balance

 

$

1,000

 

 

$

3,445

 

 

Loan commitments outstanding to executive officers, directors and their related interests with whom they are associated totaled approximately $3.4 million and $2.3 million at September 30, 2017 and December 31, 2016, respectively.

Deposits from principal officers, directors, and their affiliates at September 30, 2017 and December 31, 2016 were $42.9 million and $37.2 million, respectively.