XML 50 R40.htm IDEA: XBRL DOCUMENT v3.23.3
Regulatory Capital (Tables)
 9 Months Ended
Sep. 30, 2023
Regulatory Capital Requirements under Banking Regulations [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
Regulatory Capital and Ratios
Regulatory Minimum Ratio + CCB ( 1)
The CompanyThe Bank
(dollars in thousands)September 30, 2023December 31, 2022September 30, 2023December 31, 2022
Common equity$504,931 $364,285 $566,129 $395,594 
Goodwill(63,266)(63,266)(63,266)(63,266)
Core deposit intangible (3)
(37,507)(5,547)(37,507)(5,547)
DTAs that arise from net operating loss and tax credit carry forwards(9,158)— (6,765)— 
AOCI (gains) losses10,109 9,021 10,109 9,021 
Common Equity Tier 1 Capital405,109 304,493 468,700 335,802 
TRUPs29,079 18,398 — — 
Tier 1 Capital434,188 322,891 468,700 335,802 
Allowable reserve for credit losses and other Tier 2 adjustments58,190 16,855 58,190 16,855 
Subordinated notes42,956 24,674 — — 
Tier 2 Capital$535,334 $364,420 $526,890 $352,657 
Risk-Weighted Assets ("RWA")$4,707,597 $2,619,400 $4,703,362 $2,618,939 
Average Assets ("AA")$5,674,370 $3,390,516 $5,661,864 $3,386,771 
Common Tier 1 Capital to RWA7.00%8.61 %11.62 %9.97 %12.82 %
Tier 1 Capital to RWA8.50%9.22 %12.33 %9.97 %12.82 %
Tier 2 Capital to RWA10.50%11.37 %13.91 %11.20 %13.47 %
Tier 1 Capital to AA (Leverage) (2)
n/a7.65 %9.52 %8.28 %9.92 %
____________________________________
(1)The regulatory minimum capital ratio ("Min. Ratio") + the capital conservation buffer ("CCB").
(2)Tier 1 Capital to AA (Leverage) has no capital conservation buffer defined. The PCA well capitalized is defined as 5.00%.
(3)Core deposit intangible at September 30, 2023 is net of deferred tax liability.