v3.25.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Reconciliation of cash
The following table provides a reconciliation of cash and due from banks, restricted cash, and interest bearing deposits in banks as of December 31, 2024 and 2023:

December 31, 2024December 31, 2023
Cash and due from banks$6,941 $15,398 
Restricted cash28,226 30,919 
Interest bearing deposits in banks346,207 137,689 
Total cash and cash equivalents
$381,374 $184,006 

December 31, 2024December 31, 2023
Cash held at Federal Reserve Bank1
$345,680 $137,434 
Cash held at other financial institutions35,694 46,572 
Total cash and cash equivalents$381,374 $184,006 
1 Subject to changes in the Federal Funds rate set by the Federal Open Market Committee
Reconciliation of restricted cash
The following table provides a reconciliation of cash and due from banks, restricted cash, and interest bearing deposits in banks as of December 31, 2024 and 2023:

December 31, 2024December 31, 2023
Cash and due from banks$6,941 $15,398 
Restricted cash28,226 30,919 
Interest bearing deposits in banks346,207 137,689 
Total cash and cash equivalents
$381,374 $184,006 

December 31, 2024December 31, 2023
Cash held at Federal Reserve Bank1
$345,680 $137,434 
Cash held at other financial institutions35,694 46,572 
Total cash and cash equivalents$381,374 $184,006 
1 Subject to changes in the Federal Funds rate set by the Federal Open Market Committee