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Cash and due from banks
12 Months Ended
Dec. 31, 2020
Cash and due from banks  
Cash and due from banks

2. Cash and due from banks:

On March 26, 2020, the Board of Governors of the Federal Reserve System eliminated the reserve requirement for all depository institutions.  Prior to this date, the Company was required to maintain average reserve balances as established by the Federal Reserve Bank.  The required reserve balance was $2,545 at December 31, 2019.