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Restrictions on Cash and Due From Banks
12 Months Ended
Dec. 31, 2022
Restricted Cash and Investments [Abstract]  
Restrictions on Cash and Due From Banks RESTRICTIONS ON CASH AND DUE FROM BANKSDuring March 2020 the FRB, in response to the COVID-19 pandemic, reduced our Bank’s reserve balance requirements to zero. Prior to that time our Bank was required to maintain reserve balances in the form of vault cash and balances with the FRB. The average reserve balances to be maintained during 2022 and 2021 were zero. We do not maintain compensating balances with correspondent banks. We may also be required to maintain reserve balances related to certain mortgage banking related derivatives not classified as hedges. These balances are held at unrelated financial institutions and totaled $0.3 million and zero at December 31, 2022 and 2021.