XML 36 R22.htm IDEA: XBRL DOCUMENT v3.22.0.1
RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2021
RELATED PARTY TRANSACTIONS [Abstract]  
RELATED PARTY TRANSACTIONS
14. 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. A summary of loan activity for the years ended December 31, 2021 and 2020 with officers, directors, stockholders and associates of such persons is listed below (in thousands):

 
Year Ended December 31,
  
   
2021
    
2020
  
Balance, beginning of year
  
$
12,970
    
$
13,457
  
New loans
    
5,341
      
5,098
  
Repayments
    
(6,631
)
    
(5,585
)
Balance, end of year
  
$
11,680
    
$
12,970