BORROWINGS (Policy)	12 Months Ended
Dec. 31, 2023
BORROWINGS
Repurchase Agreements, Policy	The Bank has repurchase agreements with some of its depositors, under which customers’ funds are invested daily into an interest bearing account. These funds are carried by the Company as short-term debt. It is the Company’s policy to completely collateralize repurchase agreements with U.S. Government securities.

Disclosure of accounting policy with regard to collateral required and collateral rights on securities sold under agreements to repurchase.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 860
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481420/860-30-50-1A

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