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Note 16 - Transactions with Related Parties
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
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, 2019
 and
2018
, these loans totaled
$299
 thousand and
$2.6
 million, respectively. During
2019
, total principal additions wer
e
$145
 tho
usand and total principal payments
were
$2.5
 milli
on.
 
Deposits from related parties held by the Bank at
December 31, 2019
 and
2018
 amounted to
$12.8
 m
illion and
$10.5
 million, respectively.