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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

NOTE 2-Restrictions on Cash and Due from Banks  



PeoplesBank is required to maintain average reserves, in the form of cash and balances with the Federal Reserve Bank, against its deposit liabilities.  In 2019 and 2018, the reserves were met with vault cash.  PeoplesBank is also required to maintain compensating balances with certain correspondent banks, which totaled $65,000 at December 31, 2019 and 2018.