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Cash and Due from Banks
6 Months Ended
Jun. 30, 2023
Cash and Cash Equivalents [Abstract]  
Cash and Due from Banks Cash and Due from Banks
For six months ended June 30, 2023 and 2022, the Bank maintained an average daily balance at the Federal Reserve Bank of $911.2 million and $1.9 billion, respectively, on which interest is paid.
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.