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Restrictions on Cash and Due from Banks and Interest-earning Deposit Accounts
12 Months Ended
Dec. 31, 2019
Text Block [Abstract]  
Restrictions on Cash and Due from Banks and Interest-earning Deposit Accounts Restrictions on Cash and Due from Banks and Interest-earning Deposit AccountsThe Bank maintains reserve balances under Federal Reserve Bank requirements. The reserve requirement at December 31, 2019 and 2018 was $11.1 million and $8.3 million, respectively, and was satisfied by vault cash held at the Bank’s branches. The average balances at the Federal Reserve Bank of Philadelphia were $138.4 million and $48.3 million for the years ended December 31, 2019 and 2018, respectively. The Corporation maintains interest-earning deposit accounts at other financial institutions and pledges certain deposits as collateral for credit derivatives and interest rate swap agreements. At December 31, 2019 and 2018, the Corporation had no deposits pledged for credit derivative and interest rate swap agreements. See Note 17, "Derivative Instruments and Hedging Activities" for additional information.