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Regulatory Matters
 6 Months Ended
Jun. 30, 2025
Banking Regulation, Global Systemically Important Bank (GSIB) Surcharge [Abstract]  
Regulatory Matters Regulatory Matters
The Company is subject to various regulatory capital requirements administered by federal banking agencies. 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 the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.
Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total, Tier 1, and common equity Tier 1 capital to risk-weighted assets, and of Tier 1 capital to average assets. The following tables present actual and required capital ratios as of June 30, 2025 and December 31, 2024 for the Company and the Bank under applicable Basel III Capital Rules. The minimum capital amounts presented include the minimum required capital levels as of June 30, 2025 and December 31, 2024 based on the then phased-in provisions of the Basel III Capital Rules. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules.
ActualRequired for Capital Adequacy PurposesRequired to be
Considered Well
Capitalized
As of June 30, 2025:AmountRatioAmountRatioAmountRatio
(dollars in thousands)
Total Capital (to Risk Weighted Assets):
Consolidated$1,273,793 15.55 %$860,017 10.50 %N/AN/A
Tri Counties Bank$1,270,480 15.51 %$859,817 10.50 %$818,873 10.00 %
Tier 1 Capital (to Risk Weighted Assets):
Consolidated$1,134,202 13.85 %$696,204 8.50 %N/AN/A
Tri Counties Bank$1,167,759 14.26 %$696,042 8.50 %$655,099 8.00 %
Common equity Tier 1 Capital (to Risk Weighted Assets):
Consolidated$1,076,353 13.14 %$573,345 7.00 %N/AN/A
Tri Counties Bank$1,167,759 14.26 %$573,211 7.00 %$532,268 6.50 %
Tier 1 Capital (to Average Assets):
Consolidated$1,134,202 11.80 %$384,347 4.00 %N/AN/A
Tri Counties Bank$1,167,759 12.16 %$384,155 4.00 %$480,194 5.00 %
ActualRequired for Capital Adequacy PurposesRequired to be
Considered Well
Capitalized
As of December 31, 2024:AmountRatioAmountRatioAmountRatio
(dollars in thousands)
Total Capital (to Risk Weighted Assets):
Consolidated$1,258,218 15.71 %$840,943 10.50 %N/AN/A
Tri Counties Bank$1,248,802 15.60 %$840,740 10.50 %$800,704 10.00 %
Tier 1 Capital (to Risk Weighted Assets):
Consolidated$1,118,292 13.96 %$680,763 8.50 %N/AN/A
Tri Counties Bank$1,148,328 14.34 %$680,599 8.50 %$640,563 8.00 %
Common equity Tier 1 Capital (to Risk Weighted Assets):
Consolidated$1,060,690 13.24 %$560,628 7.00 %N/AN/A
Tri Counties Bank$1,148,328 14.34 %$560,493 7.00 %$520,458 6.50 %
Tier 1 Capital (to Average Assets):
Consolidated$1,118,292 11.70 %$382,214 4.00 %N/AN/A
Tri Counties Bank$1,148,328 12.02 %$382,096 4.00 %$477,620 5.00 %

As of June 30, 2025 and December 31, 2024, capital levels at the Company and the Bank exceed all capital adequacy requirements under the Basel III Capital Rules. Also, at June 30, 2025 and December 31, 2024, the Bank’s capital levels exceeded the minimum amounts necessary to be considered well capitalized under the current regulatory framework for prompt corrective action.
The Basel III Capital Rules require for all banking organizations to maintain a capital conservation buffer above the minimum risk-based capital requirements in order to avoid certain limitations on capital distributions, stock repurchases and discretionary bonus payments to executive officers. The capital conservation buffer is exclusively composed of common equity tier 1 capital, and it applies to each of the risk-based capital ratios but not the leverage ratio. At June 30, 2025, the Company and the Bank are in compliance with the capital conservation buffer requirement.