Cash and due from banks

12 Months Ended

Dec. 31, 2020

8.Cash and due from banks

The following table presents the details of interest-bearing deposits in banks and pledged deposits:


	December 31,	December 31,
	2020	2019
Cash and due from banks	4,331	8,078
Interest-bearing deposits in banks	859,481	1,170,092
Total	863,812	1,178,170

Less:
Pledged deposits	17,804	18,452
Total cash and cash equivalents	846,008	1,159,718


	December 31, 2020		December 31, 2019
		Interest rate		Interest rate
	Amount	range	Amount	range
Interest-bearing deposits in banks:
Demand deposits (1)	749,481	0.03% to 3.08%	1,150,092	1.55% to 5.10%
Time deposits	110,000	—	20,000	—
Total	859,481		1,170,092

Pledged deposits	17,804	0.09%	18,452	1.55%

(1)Interest-bearing demand deposits based on daily rates determined by banks. In addition, rates of 3.08% and 5.10% correspond to a deposit placed in México.


	December 31,	December 31,
	2020	2019
Country:
United States of America (1)	11,515	5,645
Switzerland	3,027	9,567
Japan	1,330	1,470
Mexico	790	—
Canada	610	—
Netherlands	334	—
United Kingdom	130	—
France	50	1,770
Spain	18	—
Total	17,804	18,452

⁽¹⁾

Includes pledged deposits of $10.0 million at December 31, 2020 and $3.5 million at December 31, 2019, with the New York State Banking Department under March 1994 legislation and deposits pledged to guarantee derivative financial instrument transactions.