RESTRICTIONS ON CASH AND DUE FROM BANKS

12 Months Ended

Dec. 31, 2017

RESTRICTIONS ON CASH AND DUE FROM BANKS

RESTRICTIONS ON CASH AND DUE FROM BANKS

NOTE 2 - RESTRICTIONS ON CASH AND DUE FROM BANKS

Included in cash and due from banks are certain interest bearing deposits that are held at the Federal Reserve or maintained in vault cash in accordance with average balance requirements specified by the Federal Reserve Board of Governors.  The reserve requirement was $2.1 million at December 31, 2017 and $2.3 million at December 31, 2016.