First Seacoast Bancorp FSEA Interest-bearing deposits in banks and other financial institutions
Interest-bearing deposits in banks and other financial institutions at other companies
Other financials
Where this comes from
Reported directly by First Seacoast Bancorp in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDepositsInBanks.
The official record: First Seacoast Bancorp’s 10-Q, filed May 12, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Seacoast Bancorp's interest-bearing deposits in banks and other financial institutions?
- First Seacoast Bancorp (FSEA) reported interest-bearing deposits in banks and other financial institutions of $249K in Q1 2023.
- What does interest-bearing deposits in banks and other financial institutions mean?
- These are cash balances held by the company in other financial institutions that generate interest income. This asset class reflects the company's strategy for managing excess cash while maintaining high liquidity. It is a common component of treasury management for large financial services firms.