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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2017
RELATED PARTY TRANSACTIONS [Abstract]  
RELATED PARTY TRANSACTIONS
13. RELATED PARTY TRANSACTIONS
Certain executive officers and directors of the Company, or companies in which they have 10 percent or more beneficial ownership, were indebted to the Bank.  Such loans were made in the ordinary course of business at the Bank's normal credit terms and do not present more than a normal risk of collection.  A summary of loan activity for the years ended December 31, 2017 and 2016 with officers, directors, stockholders and associates of such persons is listed below (in thousands):
 
 
 
Year Ended December 31,
 
 
 
2017
  
2016
 
Balance, beginning of year
 
$
5,570
  
$
5,343
 
  New loans
  
4,161
   
4,512
 
  Repayments
  
(5,146
)
  
(4,285
)
Balance, end of year
 
$
4,585
  
$
5,570