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Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2022
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents
4. Cash and Cash Equivalents
Of the total cash and cash equivalents of $132,101 and $140,709 at December 31, 2022 and 2021, $131,104 and $127,328 were held at two financial institutions at December 31, 2022 and 2021, respectively. At December 31, 2022 and 2021, cash equivalents were approximately $930 and $11,488, respectively.
Certain of the Company’s subsidiaries are required to maintain a minimum level of regulatory capital, which was
$25,988
 
and $12,320 at December 31, 2022 and 2021, respectively. These requirements are generally satisfied by cash on hand.