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Restricted Cash Balances
9 Months Ended
Sep. 30, 2023
Restricted Cash [Abstract]  
Restricted Cash Balances RESTRICTED CASH The FRBSF establishes cash reserve requirements that its member banks must maintain based on a percentage of deposit liabilities. There were no reserves required to be held at the FRBSF for the nine months ended September 30, 2023. As of September 30, 2023 and December 31, 2022, we pledged cash collateral for our derivative contracts of $3.3 million and $2.7 million. We have cash which is restricted based on the terms of some of our borrowing agreements that totaled $145.6 million at September 30, 2023 and $131.5 million at December 31, 2022. Starting in the second quarter of 2023, we began to pledge cash to secure the standby letters of credit that we have issued on behalf of our customers. At September 30, 2023, the balance of such restricted cash totaled $56.0 million.