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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2024
Subsequent Events  
SUBSEQUENT EVENTS

NOTE 18 – SUBSEQUENT EVENTS

In early April, the remaining $50.8 million of the investment portfolio acquired in the acquisition of CBOA Financial, Inc. was liquidated. A portion of the proceeds were used to pay off $20 million in borrowings from the Federal Reserve’s BTFP platform. The remaining $30.8 million was held in cash to supplement on hand liquidity.