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CASH AND DUE FROM BANK BALANCES
12 Months Ended
Dec. 31, 2018
CASH AND DUE FROM BANK BALANCES  
2. CASH AND DUE FROM BANK BALANCES

2. CASH AND DUE FROM BANK BALANCES

 

The Bank maintains various deposit accounts with other banks to meet normal fund transaction requirements and to compensate other banks for certain correspondent services. The withdrawal or usage restrictions of these balances did not have a significant impact on the operations of the Bank as of December 31, 2018. Required reserve balances were $100,000 as of December 31, 2018 and 2017.