XML 38 R22.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

REGULATORY MATTERS AND CAPITAL | 12 Months Ended
--- | ---
Dec. 31, 2019
Regulatory Capital Requirements [Abstract] |
REGULATORY MATTERS AND CAPITAL | 13. REGULATORY MATTERS AND CAPITAL Capital resources represent funds, earned or obtained, over which financial institutions can exercise greater or longer control in comparison with deposits and borrowed funds. Management seeks to maintain a capital structure that will assure an adequate level of capital to support anticipated asset growth and to absorb potential losses, yet allow management to effectively leverage its capital to maximize return to shareholders. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on financial statements of the Company and the Bank. Under capital adequacy guidelines and the regulatory framework for PCA, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. PCA provisions are not applicable to financial holding companies and bank holding companies, but only to their bank subsidiaries. As of December 31, 2019, the most recent notification from the Federal Reserve Bank categorized the Bank as “well capitalized” under the regulatory framework for PCA. To be categorized as “well-capitalized,” an institution must maintain minimum total risk-based, Tier 1 risk-based, Tier 1 leverage, and common equity Tier 1 ratios as set forth in the following tables. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Company and the Bank’s capital amounts and ratios are also presented in the following table at December 31, 2019 and 2018 (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Required in Order to Be |
​ | ​ | ​ | ​ | ​ | ​ | ​ | Required for Capital | ​ | Well Capitalized Under |
​ | ​ | Actual | ​ | Adequacy Purposes | ​ | PCA |
​ |  | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio |
As of December 31, 2019 |  | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  | ​
Common equity Tier 1 capital to risk weighted assets: |  | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  | ​
Consolidated | ​ | $ | 1,437,908 |  | 10.24 | % | $ | 631,893 |  | 4.50 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,704,426 |  | 12.18 | % |  | 629,714 |  | 4.50 | % | 909,587 |  | 6.50 | %
Tier 1 capital to risk weighted assets: | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Consolidated | ​ |  | 1,437,908 |  | 10.24 | % |  | 842,524 |  | 6.00 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,704,426 |  | 12.18 | % |  | 839,619 |  | 6.00 | % | 1,119,492 |  | 8.00 | %
Total capital to risk weighted assets: | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Consolidated | ​ |  | 1,773,835 |  | 12.63 | % |  | 1,123,569 |  | 8.00 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,747,620 |  | 12.48 | % |  | 1,120,269 |  | 8.00 | % | 1,400,337 |  | 10.00 | %
Tier 1 capital to average adjusted assets: | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Consolidated | ​ |  | 1,437,908 |  | 8.79 | % |  | 654,338 |  | 4.00 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,704,426 |  | 10.45 | % |  | 652,412 |  | 4.00 | % | 815,515 |  | 5.00 | %
As of December 31, 2018 | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Common equity Tier 1 capital to risk weighted assets: | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Consolidated | ​ | $ | 1,106,871 |  | 9.93 | % | $ | 501,608 |  | 4.50 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,378,039 |  | 12.40 | % |  | 500,224 |  | 4.50 | % | 722,546 |  | 6.50 | %
Tier 1 capital to risk weighted assets: | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Consolidated | ​ |  | 1,236,709 |  | 11.09 | % |  | 668,817 |  | 6.00 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,378,039 |  | 12.40 | % |  | 666,965 |  | 6.00 | % | 889,287 |  | 8.00 | %
Total capital to risk weighted assets: | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Consolidated | ​ |  | 1,435,711 |  | 12.88 | % |  | 891,753 |  | 8.00 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,419,984 |  | 12.77 | % |  | 889,289 |  | 8.00 | % | 1,111,612 |  | 10.00 | %
Tier 1 capital to average adjusted assets: | ​ |  |  |  |  | ​ |  |  |  |  |  |  |  |  | ​
Consolidated | ​ |  | 1,236,709 |  | 9.71 | % |  | 509,678 |  | 4.00 | % | NA |  | NA | ​
Atlantic Union Bank | ​ |  | 1,378,039 |  | 10.84 | % |  | 508,412 |  | 4.00 | % | 635,515 |  | 5.00 | %
​ In July 2013, the FRB issued a final rule that makes technical changes to its market risk capital rules to align them with the Basel III regulatory capital framework and meet certain requirements of the Dodd-Frank Act. The phase-in period for the final rules began on January 1, 2015. Full compliance with the final rules was phased in on January 1, 2019.

X
- References No definition available. + Details
Name: | srt_RegulatoryCapitalRequirementsAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958572-112826 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958573-112826 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958569-112826 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958577-112826 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958575-112826 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958574-112826 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826 + Details
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration