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RESTRICTIONS ON CASH AND AMOUNTS DUE FROM BANKS
12 Months Ended
Dec. 31, 2015
RESTRICTIONS ON CASH AND AMOUNTS DUE FROM BANKS

3. RESTRICTIONS ON CASH AND AMOUNTS DUE FROM BANKS

 

The Bank is required to maintain average balances on hand or with the Federal Reserve Bank.  At December 31, 2015 and 2014, these reserve balances amounted to $1,373,000 and $1,266,000, respectively.