Restrictions on Cash and Due from Banks

12 Months Ended

Dec. 31, 2024

Cash and Cash Equivalents [Abstract]

Restrictions on Cash and Due from Banks

NOTE 3	Restrictions on Cash and Due
	from Banks

Banking regulators require bank subsidiaries to maintain minimum average reserve balances, either in the form of vault cash or reserve balances held with central banks or other financial institutions. The amount of required reserve balances were approximately $53 million at both December 31, 2024 and 2023. The Company held balances at central banks and other financial institutions of $48.4 billion and $49.5 billion at December 31, 2024 and 2023, respectively, to meet these requirements and for other purposes. These balances are included in cash and due from banks on the Consolidated Balance Sheet.