RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2016
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS

The Company has granted loans to officers and directors of the Company and to their associates as well as loans to related companies. These related party loans are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated parties and do not involve more than normal risk of collectability. Set forth below is a summary of the related loan activity.

(Dollars in thousands)
 
Balance at Beginning of Year
 
Borrowings
 
 Executive Officer and Director Retirements
 
Repayments
 
Balance at End of Year
December 31, 2016
 
$
42,840

 
$
251,708

 
$
(7,194
)
 
$
(258,818
)
 
$
28,536

 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
$
39,083

 
$
357,230

 
$
—

 
$
(353,473
)
 
$
42,840



The Company held related party deposits of $34.7 million and $16.9 million at December 31, 2016 and December 31, 2015, respectively.

The Company held no related party repurchase agreements at December 31, 2016 and December 31, 2015.