XML 35 R25.htm IDEA: XBRL DOCUMENT v3.24.1
Transactions with Directors and Officers
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Transactions with Directors and Officers

NOTE 14. Transactions with Directors and Officers

The Bank grants loans to and accepts deposits from its directors, principal officers and related parties of such persons during the ordinary course of business. The aggregate balance of loans to directors, principal officers and their related parties was $5.0 million and $5.1 million at December 31, 2023 and 2022, respectively. These balances reflect total principal additions of $544 thousand and total principal payments of $689 thousand, during 2023. The aggregate balance of deposits from directors, principal officers and their related parties was $7.0 million and $11.1 million at December 31, 2023 and 2022, respectively.