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Cash and Due from Banks
3 Months Ended
Mar. 31, 2024
Cash and Cash Equivalents [Abstract]  
Cash and Due from Banks Cash and Due from Banks
For the three months ended March 31, 2024 and 2023, the Bank maintained an average daily balance at the Federal Reserve Bank of $1.9 billion and $662.4 million, respectively, on which interest is paid.
Additionally, the Bank maintains interest-bearing balances with the Federal Home Loan Bank of Atlanta ("FHLB") and noninterest-bearing balances with domestic correspondent banks to cover associated costs for services they provide to the Bank.