Cash and Cash Equivalents

6 Months Ended

Jun. 30, 2023

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents

CASH AND CASH EQUIVALENTS (In Thousands)

The following table is the schedule of Cash and Cash Equivalents at June 30, 2023, December 31, 2022 and June 30, 2022:
	June 30, 2023		December 31, 2022		June 30, 2022
Cash and Due From Banks	$	33,803	$	31,886	$	51,549
Interest-bearing Deposits at Banks	139,798		32,774		165,705
Total Cash and Cash Equivalents	$	173,601	64,660		217,254

The increase in cash from December 31, 2022 to June 30, 2023 reflects the strategic enhancement of the Company's liquidity position in light of recent industry events. The decline in cash from June 30, 2022 to December 31, 2022 was primarily the result of record loan growth in 2022 and a decrease in deposits in the fourth quarter of 2022.