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Cash and Cash Equivalents
9 Months Ended
Sep. 30, 2015
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents

Note 2: Cash and Cash Equivalents

 

Cash and cash equivalents include working cash funds, due from banks, interest-bearing deposits in other banks, items in process of collection and federal funds sold. All cash equivalents are readily convertible to cash and have maturities of less than 90 days.

 

To comply with Federal Reserve regulations, we are required to maintain certain average cash reserve balances. Our daily reserve requirement for the three and nine month periods ending September 30, 2015 and the three and nine month periods ending September 30, 2014 was satisfied by vault cash.