XML 35 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
CASH AND DUE FROM BANKS
12 Months Ended
Dec. 31, 2023
Cash and Cash Equivalents [Abstract]  
CASH AND DUE FROM BANKS 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 2023 was $429.2 million and in 2022 was $185.6 million.