XML 44 R11.htm IDEA: XBRL DOCUMENT v3.25.0.1
Cash and Due from Banks
12 Months Ended
Dec. 31, 2024
Cash and Cash Equivalents [Abstract]  
Cash and Due from Banks Cash and Due from Banks
In the years ended December 31, 2024 and 2023, the Bank maintained average daily balances at the Federal Reserve Bank of Richmond ("Federal Reserve Bank") of $1.8 billion and $1.1 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.