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Transactions with Related Parties
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Transactions with Related Parties
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, 2017 and 2016, these loans totaled $225 thousand and $148 thousand, respectively. During 2017, total principal additions were $99 thousand and total principal payments were $22 thousand.
Deposits from related parties held by the Bank at December 31, 2017 and 2016 amounted to $4.5 million and $5.6 million, respectively.