XML 43 R29.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Regulatory Requirements and Restrictions | 12 Months Ended
--- | ---
Dec. 31, 2016
Regulatory Requirements and Restrictions |
Note 21. | Regulatory Requirements and Restrictions
The Company and the Bank are subject to various regulatory capital requirements administered by state and 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 the capital adequacy guidelines and the regulatory framework for prompt corrective action, which applies only to the Bank, the Bank must meet specific capital guidelines that involve quantitative measures of the entity’s balance sheet assets and off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. In addition, the Company and the Bank are subject to various regulatory restrictions related to the payment of dividends, including requirements to maintain capital at or above regulatory minimums. The current risk-based capital requirements, based on the international capital standards known as Basel III, requires the Company and the Bank to maintain minimum amounts and ratios of Common Equity Tier 1 capital, Tier 1 capital, and total capital to risk-weighted assets, and of Tier 1 capital to average consolidated assets (“Tier 1 leverage ratio”), as defined in the regulations. On January 1, 2016, Basel III’s capital conservation buffer, which is intended to absorb losses during periods of economic stress, became effective at 0.625%, and will be phased in over a four-year period (increasing by an additional 0.625% each year until it reaches 2.5% on January 1, 2019). As of December 31, 2016, the capital conservation buffer was 5.29% for the Company and 3.48% for the Bank, which exceeds the required capital conservation buffer on a fully phased-in basis. The following tables present actual and required capital ratios, under Basel III capital rules, as of the dates indicated:
|  | December 31, 2016 |
|  | Actual |  |  | Minimum Basel III Requirement |  |  | Minimum Basel III Requirement - Fully Phased-In |  |  | Well Capitalized Requirement(1) |
(Amounts in thousands) |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
The Company |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common equity Tier 1 ratio |  | $ | 241,671 |  |  |  | 13.88 | % |  | $ | 78,362 |  |  |  | 4.50 | % |  | $ | 121,897 |  |  |  | 7.00 | % |  |  | N/A |  |  |  | N/A |
Tier 1 risk-based capital ratio |  |  | 256,671 |  |  |  | 14.74 | % |  |  | 104,483 |  |  |  | 6.00 | % |  |  | 148,018 |  |  |  | 8.50 | % |  |  | N/A |  |  |  | N/A |
Total risk-based capital ratio |  |  | 274,953 |  |  |  | 15.79 | % |  |  | 139,311 |  |  |  | 8.00 | % |  |  | 182,846 |  |  |  | 10.50 | % |  |  | N/A |  |  |  | N/A |
Tier 1 Leverage ratio |  |  | 256,671 |  |  |  | 11.07 | % |  |  | 92,742 |  |  |  | 4.00 | % |  |  | 92,742 |  |  |  | 4.00 | % |  |  | N/A |  |  |  | N/A |
The Bank |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common equity Tier 1 ratio |  | $ | 223,944 |  |  |  | 12.93 | % |  | $ | 77,956 |  |  |  | 4.50 | % |  | $ | 121,264 |  |  |  | 7.00 | % |  | $ | 112,603 |  |  |  | 6.50 | %
Tier 1 risk-based capital ratio |  |  | 223,944 |  |  |  | 12.93 | % |  |  | 103,941 |  |  |  | 6.00 | % |  |  | 147,249 |  |  |  | 8.50 | % |  |  | 138,588 |  |  |  | 8.00 | %
Total risk-based capital ratio |  |  | 242,218 |  |  |  | 13.98 | % |  |  | 138,588 |  |  |  | 8.00 | % |  |  | 181,897 |  |  |  | 10.50 | % |  |  | 173,235 |  |  |  | 10.00 | %
Tier 1 Leverage ratio |  |  | 223,944 |  |  |  | 9.71 | % |  |  | 92,274 |  |  |  | 4.00 | % |  |  | 92,274 |  |  |  | 4.00 | % |  |  | 115,343 |  |  |  | 5.00 | %
(1) | Based on prompt corrective action provisions
|  | December 31, 2015 |
|  | Actual |  |  | Minimum Basel III Requirement |  |  | Minimum Basel III Requirement - Fully Phased-In |  |  | Well Capitalized Requirement(1) |
(Amounts in thousands) |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
The Company |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common equity Tier 1 ratio |  | $ | 246,237 |  |  |  | 14.54 | % |  | $ | 76,196 |  |  |  | 4.50 | % |  | $ | 118,527 |  |  |  | 7.00 | % |  |  | N/A |  |  |  | N/A |
Tier 1 risk-based capital ratio |  |  | 249,436 |  |  |  | 14.73 | % |  |  | 101,595 |  |  |  | 6.00 | % |  |  | 143,926 |  |  |  | 8.50 | % |  |  | N/A |  |  |  | N/A |
Total risk-based capital ratio |  |  | 269,998 |  |  |  | 15.95 | % |  |  | 135,459 |  |  |  | 8.00 | % |  |  | 177,791 |  |  |  | 10.50 | % |  |  | N/A |  |  |  | N/A |
Tier 1 Leverage ratio |  |  | 249,436 |  |  |  | 10.62 | % |  |  | 93,935 |  |  |  | 4.00 | % |  |  | 93,935 |  |  |  | 4.00 | % |  |  | N/A |  |  |  | N/A |
The Bank |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common equity Tier 1 ratio |  | $ | 228,669 |  |  |  | 13.60 | % |  | $ | 75,682 |  |  |  | 4.50 | % |  | $ | 117,728 |  |  |  | 7.00 | % |  | $ | 109,319 |  |  |  | 6.50 | %
Tier 1 risk-based capital ratio |  |  | 228,669 |  |  |  | 13.60 | % |  |  | 100,910 |  |  |  | 6.00 | % |  |  | 142,955 |  |  |  | 8.50 | % |  |  | 134,546 |  |  |  | 8.00 | %
Total risk-based capital ratio |  |  | 249,228 |  |  |  | 14.82 | % |  |  | 134,546 |  |  |  | 8.00 | % |  |  | 176,592 |  |  |  | 10.50 | % |  |  | 168,183 |  |  |  | 10.00 | %
Tier 1 Leverage ratio |  |  | 228,669 |  |  |  | 9.77 | % |  |  | 93,616 |  |  |  | 4.00 | % |  |  | 93,616 |  |  |  | 4.00 | % |  |  | 117,020 |  |  |  | 5.00 | %
(1) | Based on prompt corrective action provisions

X
- Definition The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958577-112826 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958572-112826 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958574-112826 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=35709795&loc=d3e65071-112826 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958569-112826 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958570-112826 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958575-112826 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958568-112826 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958573-112826 + Details
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration