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CASH AND DUE FROM BANKS
12 Months Ended
Dec. 31, 2016
Cash and Cash Equivalents [Abstract]  
Cash and Due from Banks

Note 2 – Cash and Due from Banks

The Federal Reserve Act requires that banks maintain cash reserve balances with the Federal Reserve Bank based principally on the type and amount of their deposits. At its option, the Company maintains additional balances to compensate for clearing and safekeeping services. The average balance maintained in 2016 was $40.5 million and in 2015 was $37.2 million.