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Note 15 - Related Party Transactions
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

Note 15 – Related Party Transactions

The Bancorp had aggregate loans outstanding to directors and executive officers (with individual balances exceeding $120 thousand) of approximately $4.4 million at December 31, 2020, and approximately $4.0 million at December 31, 2019. For the year ended December 31, 2020, the following activity occurred on these loans

 

  

(Dollars in thousands)

 

Aggregate balance at the beginning of the year

 $4,021 

New loans

  1,042 

Repayments

  (713)

Aggregate balance at the end of the year

 $4,350 

 

Deposits from directors and executive officers totaled approximately $5.3 million and $4.5 million at December 31, 2020 and 2019, respectively.