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RESERVE REQUIREMENTS | 12 Months Ended
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Dec. 31, 2021
Banking and Thrift, Other Disclosures [Abstract] |
RESERVE REQUIREMENTS | 2. RESERVE REQUIREMENTS On March 15, 2020, the Federal Reserve Board announced a reduction in the reserve requirement ratios on deposits to zero percent effective March 26, 2020 to support lending activity. As a result, the bank is no longer required to hold reserves on deposits. Cash and additional balances held by our bank at the Federal Reserve Bank of San Francisco at December 31, 2021 and 2020 were $71.1 million and $80.7 million, respectively.

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