Annual report pursuant to Section 13 and 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v2.4.1.9
RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2014
RELATED PARTY TRANSACTIONS [Abstract]  
Loans to Principal Officers, Directors, and Their Affiliates
Loans to principal officers, directors, and their affiliates were as follows (dollars in thousands).
 
   
2014
   
2013
 
Beginning balance
 
$
3,462
   
$
5,645
 
New loans and renewals
   
21,594
     
10,704
 
Repayments and renewals
   
(14,979
)
   
(12,887
)
Effect of changes in related parties
   
---
     
---
 
Less accumulated depreciation
 
$
10,077
   
$
3,462