RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2014

(13) RELATED PARTY TRANSACTIONS

Members of the Board of Directors, certain Corporation officers, and their immediate families directly, or through entities in which they are principal owners (more than 10% interest), were customers of, and had loans and other transactions with the Corporation. These loans are summarized as follows for the years ended December 31, 2014 and 2013 (amounts in thousands):

	2014			2013
Balance at beginning of year	$	26,408		$	25,390
New loans or additional advances		33,282			30,056
Repayments		(21,888	)		(29,038	)
Balance at end of year	$	37,802		$	26,408

Deposits from principal officers, directors, and their affiliates at year-end 2014 and 2013 were $12.0 million and $9.8 million, respectively.

- 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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