Restrictions on Cash and Due from Banks

12 Months Ended

Dec. 31, 2019

Restrictions on Cash and Due from Banks [Abstract]

Restrictions on Cash and Due from Banks

5. RESTRICTIONS ON CASH AND DUE FROM BANKS

The Bank is required to maintain cash reserve balances with the Federal Reserve Bank if vault cash is insufficient to cover the reserve requirement. As of December 31, 2019 and 2018, respectively, no reserves were required to be held at the Federal Reserve Bank.