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Cash and Due from Banks
6 Months Ended
Jun. 30, 2022
Cash and Cash Equivalents [Abstract]  
Cash and Due from Banks Cash and Due from Banks
The Company has deposits with other banks for derivative positions it holds, totaling $880 thousand at June 30, 2022 and $6.3 million at December 31, 2021. At June 30, 2022, the Company was entitled to receive collateral totaling $18.4 million. At December 31, 2021, the Company was required to post $2.4 million of cash collateral with its counterparties. See Note 6 for additional information.
Additionally, the Bank maintains interest-bearing balances with the Federal Home Loan Bank of Atlanta ("FHLB") and noninterest-bearing balances with domestic correspondent banks to cover associated costs for services they provide to the Bank.