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Transactions with Related Parties
12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Transactions with Related Parties

Note 16. Transactions with Related Parties

During the year, executive officers and directors (and companies controlled by them) were customers of and had transactions with the Company in the normal course of business. In management’s opinion, these transactions were made on substantially the same terms as those prevailing for other customers.

At December 31, 2015 and 2014, these loans totaled $593 thousand and $2.4 million, respectively. During 2015, total principal additions were $1 thousand and total principal payments were $29 thousand. Adjustments to related party loan balances during 2015 due to transition of related parties totaled approximately $1.8 million.

Deposits from related parties held by the Bank at December 31, 2015 and 2014 amounted to $3.2 million and $5.7 million, respectively.