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Related-Party Transactions
 12 Months Ended
Dec. 31, 2016
Related-Party Transactions [Abstract]  
Related-Party Transactions



NOTE 15 – RELATED-PARTY TRANSACTIONS 

Loans to principal officers, directors and their affiliates during 2016 were as follows:



 

 



 

 

Beginning balance

$

 635 

New loans

 

 1,826 

Effect of changes in composition of related parties

 

 -

Repayments

 

 (62)

Ending balance

$

 2,399 



All loans to related parties were made in the ordinary course of business under terms equivalent to those prevailing in the market for arm’s length transactions at the time of origination. 

Deposits from principal officers, directors, and their affiliates at year-end 2016 and 2015 were $274 and $262, respectively.