v3.25.4
Transactions with Related Parties
12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Transactions with Related Parties

Note 17. Transactions with Related Parties

Directors, executive officers and non-executive officers of the Company have been customers of and have had transactions with the Bank, and it is expected that such persons will continue to have such transactions in the future. Aggregate loan transactions with related parties for the years ended December 31, 2025, 2024, and 2023 were as follows:

 

 

 

For the Years Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Beginning balance

 

$

7,671

 

 

$

8,810

 

 

$

8,318

 

Originations

 

 

1,650

 

 

 

1,880

 

 

 

1,725

 

Payments

 

 

(229

)

 

 

(3,019

)

 

 

(1,233

)

Ending balance

 

$

9,092

 

 

$

7,671

 

 

$

8,810

 

 

The Company held deposits in the amount of $8.6 million, $8.8 million and $8.4 million from officers and directors at December 31, 2025, 2024 and 2023, respectively.