Restrictions on Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2023

Cash and Due from Banks [Abstract]

Restrictions on Cash and Cash Equivalents

NOTE 3 - RESTRICTIONS ON CASH AND CASH EQUIVALENTS

Cash collateral is posted by the Corporation with counterparties to secure derivatives and other contracts, which is included in "interest-bearing deposits with other banks" on the consolidated balance sheets. The amounts of such collateral as of December 31, 2023 and 2022 were $17.4 million and $13.9 million, respectively.