XML 28 R18.htm IDEA: XBRL DOCUMENT v3.23.2
Concentration of Credit Risk
6 Months Ended
Jun. 30, 2023
Concentration of Credit Risk [Abstract]  
Concentration of Credit Risk
NOTE 12 – Concentration of Credit Risk
  

The Bank has a significant concentration of deposits with one customer that accounted for approximately 9% of its deposits as of June 30, 2023. The Bank also has a significant concentration of short-term borrowings from one customer that accounted for 76% of the outstanding balance of securities sold under agreements to repurchase as of June 30, 2023. The Company expects to maintain the relationships with these customers for the foreseeable future.