Related Party Transactions |
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Related Party Transactions [Abstract] | ||||||||||||||||||||||||||||||||
Related Party Transactions |
Note 15 – Related Party Transactions The Bancorp had aggregate loans outstanding to directors and executive officers (with individual balances exceeding $120 thousand) of approximately $2.6 million at December 31, 2018 and approximately $1.7 million at December 31, 2017. For the year ended December 31, 2018, the following activity occurred on these loans
Deposits from directors and executive officers totaled approximately $3.5 million and $4.4 million at December 31, 2018 and 2017, respectively. |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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