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Supplementary Regulatory Capital Disclosure (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Compliance With Regulatory Capital Requirements Under Banking Regulations
The following table presents WEX Bank’s actual and regulatory minimum capital amounts and ratios:



(in millions)
Actual AmountRatioMinimum
for Capital Adequacy Purposes Amount
RatioMinimum to Be Well Capitalized Under Prompt Corrective Action Provisions AmountRatio
June 30, 2024
Total Capital to risk-weighted assets$719.2 14.15 %$406.7 8.00 %$508.4 10.00 %
Tier 1 Capital to average assets$665.9 9.63 %$276.5 4.00 %$345.7 5.00 %
Common equity to risk-weighted assets$665.9 13.10 %$228.8 4.50 %$330.4 6.50 %
Tier 1 Capital to risk-weighted assets$665.9 13.10 %$305.0 6.00 %$406.7 8.00 %
December 31, 2023
Total Capital to risk-weighted assets$727.2 16.27 %$357.5 8.00 %$446.9 10.00 %
Tier 1 Capital to average assets$675.2 10.21 %$264.4 4.00 %$330.5 5.00 %
Common equity to risk-weighted assets$675.2 15.11 %$201.1 4.50 %$290.5 6.50 %
Tier 1 Capital to risk-weighted assets$675.2 15.11 %$268.1 6.00 %$357.5 8.00 %