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Restrictions on Cash and Amounts Due from Banks | 12 Months Ended
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Dec. 31, 2023
Restrictions on Cash and Amounts Due from Banks |
Restrictions on Cash and Amounts Due from Banks | Note 2. Restrictions on Cash and Amounts Due from Banks On March 26, 2020 the Board of Governors of the Federal Reserve System set the reserve requirement ratios to zero percent and reserve requirements were no longer administered. On December 22, 2020 the zero percent reserve requirement ratio was extended for three years. At December 31, 2023 and 2022, the average reserve balances were $0.

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