Note 15 - Related Party Transactions |
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Dec. 31, 2019 | ||||||||||||||||||||||||||
Notes to Financial Statements | ||||||||||||||||||||||||||
Related Party Transactions Disclosure [Text Block] |
Note
1
5 –
Related Party Transactions The Bancorp had aggregate loans outstanding to directors and executive officers (with individual balances exceeding $120 thousand) of approximately $4.0 million at December 31, 2019 and approximately $2.6 million at December 31, 2018. For the year ended December 31, 2019, the following activity occurred on these loans
Deposits from directors and executive officers totaled approximately
$4.5 million and $3.5 million at December 31, 2019 and 2018, 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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