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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Summary of Company and Banks's Actual and Required Capital Amounts and Ratios
The Company and Bank’s actual and required capital amounts and ratios are as follows:
Actual
Minimum Required
for Capital
Adequacy Purposes (1)
Required to be Well
Capitalized
Under the Prompt
Corrective Action
Provisions
AmountRatio AmountRatio AmountRatio
(dollars in thousands)
December 31, 2022
Leverage Capital (to average assets)
Consolidated$249,250 7.97 %$125,141 4.00 %N/AN/A
Bank Only267,699 8.56 %125,025 4.00 %156,281 5.00 %
Common Equity Tier 1 risk-based capital ratio (to risk-weighted assets)
Consolidated245,750 8.92 %124,027 4.50 %N/AN/A
Bank Only267,699 9.73 %123,822 4.50 %178,854 6.50 %
Tier 1 Capital (to risk-weighted assets)
Consolidated249,250 9.04 %165,370 6.00 %N/AN/A
Bank Only267,699 9.73 %165,096 6.00 %220,128 8.00 %
Total Capital (to risk-weighted assets)
Consolidated329,203 11.94 %220,493 8.00 %N/AN/A
Bank Only302,595 11.00 %220,128 8.00 %275,160 10.00 %
December 31, 2021
Leverage Capital (to average assets)
Consolidated$204,585 8.07 %$101,460 4.00 %N/AN/A
Bank Only201,783 7.96 %101,350 4.00 %126,687 5.00 %
Common Equity Tier 1 risk-based capital ratio (to risk-weighted assets)
Consolidated201,085 11.06 %81,834 4.50 %N/AN/A
Bank Only201,783 11.12 %81,623 4.50 %117,900 6.50 %
Tier 1 Capital (to risk-weighted assets)
Consolidated204,585 11.25 %109,112 6.00 %N/AN/A
Bank Only201,783 11.12 %108,830 6.00 %145,107 8.00 %
Total Capital (to risk-weighted assets)
Consolidated252,405 13.88 %145,483 8.00 %N/AN/A
Bank Only224,545 12.38 %145,107 8.00 %181,384 10.00 %
(1)Presents the minimum capital adequacy requirements that apply to the Bank (excluding the capital conservation buffer) and the Company. Prior to September 30, 2022, the Company operated under the Small Bank Holding Company Policy Statement and therefore was not subject to Basel III capital adequacy requirements.