Cash and Cash Equivalents
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12 Months Ended |
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Dec. 31, 2014
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Cash and Cash Equivalents [Abstract] | |
Cash and Cash Equivalents | Cash and Cash Equivalents Cash and due from banks was approximately $14.9 million and $13.2 million at December 31, 2014 and 2013, respectively. Required reserves in the form of either vault cash or deposits held at the Federal Reserve Bank (“FRB”) were $1.2 million and $1.5 million at December 31, 2014 and 2013. FRB balances were $70.5 million and $53.0 million at December 31, 2014 and 2013, respectively, and are included in short-term investments on the Consolidated Balance Sheets. Short-term investments, considered cash equivalents, were $88.4 million and $68.1 million at December 31, 2014 and 2013, respectively. Federal funds sold at December 31, 2014 and 2013 were $22,000 and $24,000, respectively and are included in short-term investments on the Consolidated Balance Sheets. |