Annual report pursuant to Section 13 and 15(d)

Note 20 - Related Party Transactions

v3.20.1
Note 20 - Related Party Transactions
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

NOTE 20.

RELATED PARTY TRANSACTIONS

 

As more fully described in Note 3, the Company had outstanding loan balances to related parties as of December 31, 2019 and 2018 in the amount of $24.7 million and $5.4 million, respectively. Related party deposits totaled $5.9 million and $6.6 million at December 31, 2019 and 2018, respectively.