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RELATED PARTY TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2020
Related Party Transactions [Abstract] |
Summary of Related Party Loans | These loans are summarized as follows for the years ended December 31, 2020 and 2019 (in thousands):
|  | 2020 |  | 2019
Balance at beginning of year |  | $ | 59,973 |  |  | $ | 62,741 |
New loans or additional advances |  | 7,461 |  |  | 1,895 |
Effect of changes in composition of related parties |  | — |  |  | 4,456 |
Repayments |  | (11,382) |  |  | (9,119) |
Balance at end of year |  | $ | 56,052 |  |  | $ | 59,973 |

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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 No definition available. + Details
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