Annual report pursuant to Section 13 and 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v3.3.1.900
RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2015
RELATED PARTY TRANSACTIONS [Abstract]  
Schedule of Loans and Leases Receivable, Related Parties

The following schedule summarizes the changes in loan amounts outstanding to these persons during the periods indicated (dollars in thousands):

 

 

 

 

 

 

 

 

 

2015

 

2014

Loans outstanding at January 1

$

 34,557 

 

$

 34,883 

New loans and advances

 

 5,854 

 

 

 15,731 

Loan repayments

 

 (7,948)

 

 

 (18,932)

Reclassification(1)

 

 (22,031)

 

 

 2,875 

Balance at December 31

$

 10,432 

 

$

 34,557 

 

 

 

 

 

 

(1)

Includes loans (i) to persons no longer affiliated with the Company and therefore not considered related party loans as of period end or (ii) that were not considered related party loans in the prior year that subsequently became related party loans in the current year.