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RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2024

Related Party Transactions [Abstract]

Summary of Related Party Loans

These loans are summarized as follows for the years ended December 31, 2024 and 2023 (in thousands):

						2024						2023
Balance at beginning of year						$	26,058					$	28,062
New loans or additional advances						175						77
Effect of changes in composition of related parties						—						(4)
Repayments						(820)						(2,077)
Balance at end of year						$	25,413					$	26,058

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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.

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