v3.25.4
Related Party Transactions
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
Certain directors and officers of the Company are customers of the Company. Loan transactions with directors, officers and employees are made on the same terms as those prevailing at the time for comparable loans to other persons. A summary of related party loan activity during 2025 and 2024 follows.
(dollars in thousands)20252024
Balance, beginning of year$11,337 $12,143 
New loans1,017 498 
Change in related parties, net— 448 
Repayments, net(2,202)(1,752)
Balance, end of year$10,152 $11,337 
None of the related party loans were identified as impaired or exceeded 5% of shareholders’ equity for the years ended 2025 or 2024.
Related party deposits totaled $11,484,000 and $8,527,000 as of December 31, 2025 and 2024, respectively.