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Concentration of Deposit Risk | 3 Months Ended
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Mar. 31, 2020
Concentration of Deposit Risk |
Concentration of Deposit Risk | NOTE (13) – Concentration of Deposit Risk The Bank has a significant concentration of deposits with two customers that accounted for approximately 13% of its deposits as of March 31, 2020. The Bank expects to maintain the relationships with these customers for the foreseeable future.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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