Note 26 - Related Party Transactions

Certain directors, officers, and companies with which they are associated were customers of, and had banking transactions with, the Company or the Bank in the ordinary course of business.

The following table summarizes the activity in these loans for the periods indicated (in thousands):

 

Balance December 31, 2013		$	2,636
Advances/new loans			2,106
Removed/payments			(1,610	)
Balance December 31, 2014			3,132
Advances/new loans			3,098
Removed/payments			(2,029	)
Balance December 31, 2015		$	4,201

Director Chrysler is a principal owner and CEO of Modern Building Inc. Modern Building Inc. provided construction services to the Company related to new and existing Bank facilities for aggregate payments of $1,030,000, $1,181,000, and $4,261,000, during 2015, 2014 and 2013, respectively.