Note M - Related Party Transactions

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Note

- Related Party Transactions

Certain directors, executive officers and companies with which they are affiliated were loan customers during

2016.

A summary of activity on these borrower relationships with aggregate debt greater than

$120

is as follows:

Total loans at January 1, 2016	$	3,989
New loans		1,085
Repayments		(528	)
Other changes		1,399
Total loans at December 31, 2016	$	5,945

Other changes include adjustments for loans applicable to

one

reporting period that are excludable from the other reporting period, such as changes in persons classified as directors, executive officers and companies’ affiliates.

Deposits from principal officers, directors, and their affiliates at year-end

2016

and

2015

were

$38,867

and

$30,169.