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Regulatory Capital (Tables)
6 Months Ended
Jun. 30, 2023
Banking and Thrift, Other Disclosure [Abstract]  
Schedule of applicable holding company and bank regulatory capital requirements
The following tables summarize regulatory capital requirements applicable to First Busey Corporation and Busey Bank (dollars in thousands):
As of June 30, 2023
ActualMinimum
Capital Requirement
Minimum
To Be Well
Capitalized
AmountRatio AmountRatio AmountRatio
Common equity Tier 1 capital to risk weighted assets
First Busey$1,124,480 12.35 %$409,646 4.50 %$591,712 6.50 %
Busey Bank$1,338,375 14.76 %$408,157 4.50 %$589,560 6.50 %
Tier 1 capital to risk weighted assets
First Busey$1,198,480 13.17 %$546,195 6.00 %$728,260 8.00 %
Busey Bank$1,338,375 14.76 %$544,209 6.00 %$725,612 8.00 %
Total capital to risk weighted assets
First Busey$1,507,454 16.56 %$728,260 8.00 %$910,325 10.00 %
Busey Bank$1,422,349 15.68 %$725,612 8.00 %$907,015 10.00 %
Leverage ratio of Tier 1 capital to average assets
First Busey$1,198,480 9.93 %$482,935 4.00 % N/AN/A
Busey Bank$1,338,375 11.12 %$481,612 4.00 %$602,015 5.00 %
As of December 31, 2022
ActualMinimum
Capital Requirement
Minimum
To Be Well
Capitalized
AmountRatio AmountRatio AmountRatio
Common equity Tier 1 capital to risk weighted assets
First Busey$1,081,686 11.96 %$406,980 4.50 %$587,861 6.50 %
Busey Bank$1,306,716 14.49 %$405,736 4.50 %$586,063 6.50 %
Tier 1 capital to risk weighted assets
First Busey$1,155,686 12.78 %$542,640 6.00 %$723,521 8.00 %
Busey Bank$1,306,716 14.49 %$540,981 6.00 %$721,308 8.00 %
Total capital to risk weighted assets
First Busey$1,457,994 16.12 %$723,521 8.00 %$904,401 10.00 %
Busey Bank$1,384,024 15.35 %$721,308 8.00 %$901,635 10.00 %
Leverage ratio of Tier 1 capital to average assets
First Busey$1,155,686 9.45 %$489,124 4.00 %N/AN/A
Busey Bank$1,306,716 10.72 %$487,541 4.00 %$609,426 5.00 %