Annual report [Section 13 and 15(d), not S-K Item 405]

Note 20 - Related Party Transactions

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Note 20 - Related Party Transactions
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

NOTE 20.

RELATED PARTY TRANSACTIONS

 

As more fully described in Note 3 “Loans,” the Company had outstanding loan balances, as made in the ordinary course of business, to related parties as of December 31, 2024 and 2023 in the amount of $42.4 million and $39.8 million, respectively. Deposits of related parties are also accepted in the ordinary course of business. The aggregate balances of related party deposits are insignificant as of December 31, 2024 and 2023, respectively.