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CASH AND DUE FROM BANKS
12 Months Ended
Dec. 31, 2023
CASH AND DUE FROM BANKS  
CASH AND DUE FROM BANKS

5. CASH AND DUE FROM BANKS

Cash and due from banks at December 31, 2023 and 2022 include the following:

(In Thousands)

    

December 31, 

    

December 31, 

2023

2022

Cash and cash equivalents

$

52,778

$

47,698

Certificates of deposit

 

4,100

 

7,350

Total cash and due from banks

$

56,878

$

55,048

Certificates of deposit are issues by U.S. banks with original maturities greater than three months. Each certificate of deposit is fully FDIC-insured. The Corporation maintains cash and cash equivalents with certain financial institutions in excess of the FDIC insurance limit. The Corporation has not experienced any losses in such accounts.