Search Elements:
- Taxonomy
- us-gaap
- Name
- InterestIncomeFederalFundsSold
- Label
- Interest Income, Federal Funds Sold
- Period Type
- duration
- Balance Type
- credit
- Type
- xbrli:monetaryItemType
- Definition
- Interest income on federal funds sold. Federal funds sold represent the excess federal funds held by one commercial bank which it lends to another commercial bank, usually at an agreed-upon (federal funds) rate of interest. Such loans generally are of short-duration (overnight).