BUSINESS AND BASIS OF PRESENTATION (Policies) |
3 Months Ended |
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Mar. 31, 2025 | |
Business and Basis of Presentation [Abstract] | |
Nature of Operations |
Nature of Operations
.
related services to individual and corporate clients through its wholly owned
with banking offices located in Florida, Georgia,
institutions, is subject to regulation by certain government agencies and undergoes
authorities.
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Basis of Presentation |
Basis of Presentation
.
and CCB.
been reclassified to conform to the current year’s presentation.
The accompanying unaudited consolidated financial statements have
principles for interim financial information and with the instructions to Form
they do not include all of the information and notes required by generally accepted
statements.
presentation have been included.
The Consolidated Statement of Financial Condition at December
statements at that date, but does not include all of the information and notes
complete financial statements.
Company’s 2024 Form
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Accounting Standards Updates |
Accounting Standards Updates
Proposed Accounting Standards
,
ASU No. 2023-06, “Disclosure Improvements:
Disclosure Update and Simplification Initiative.”
Accounting Standards Update
(“ASU”) 2023-06 is intended to clarify or improve
disclosure and presentation requirements of a variety of topics, which will allow users to
SEC’s existing disclosures with those
FASB accounting
prohibited. For reporting entities subject to the SEC’s
date on which the SEC’s removal of
by June 30, 2027, the SEC has not removed the applicable requirement from
of the related amendment will not become effective for
amendments and the impact on its future consolidated statements.
ASU No. 2023-09, “Income Taxes
ASU 2023-09 is intended to enhance
transparency and decision usefulness of income tax disclosures. The ASU addresses
income tax information through improvements to income tax disclosures,
paid information. Retrospective application in all prior periods is permitted.
1, 2025. The Company is currently evaluating the impact of the incremental
disclosed within its Annual Report on Form 10-K for the year ended December
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