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REGULATORY CAPITAL (Tables) | 12 Months Ended
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Dec. 31, 2019
Regulatory Capital [Abstract] |
Schedule of Regulatory Capital Amounts and Ratios | The Bank’s regulatory capital amounts and ratios are presented in the following table:
|  |  |  |  |  |  |  |  |  | To Be Well |  |  |  |  |  | For Capital |
|  |  |  |  |  |  |  |  |  | Capitalized Under |  |  | For Capital |  |  | Adequacy Purposes |
|  |  |  |  |  |  |  |  |  | Prompt Corrective |  |  | Adequacy |  |  | Including Capital |
|  | Actual |  |  | Action Provisions |  |  | Purposes |  |  | Conservation Buffer (A) |
(Dollars in thousands) |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
As of December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 571,509 |  |  |  | 13.76 | % |  | $ | 415,487 |  |  |  | 10.00 | % |  | $ | 332,389 |  |  |  | 8.00 | % |  | $ | 436,261 |  |  |  | 10.50 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 527,833 |  |  |  | 12.70 |  |  |  | 332,389 |  |  |  | 8.00 |  |  |  | 249,292 |  |  |  | 6.00 |  |  |  | 353,164 |  |  |  | 8.50 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 527,832 |  |  |  | 12.70 |  |  |  | 270,066 |  |  |  | 6.50 |  |  |  | 186,969 |  |  |  | 4.50 |  |  |  | 290,841 |  |  |  | 7.00 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 527,833 |  |  |  | 10.63 |  |  |  | 248,252 |  |  |  | 5.00 |  |  |  | 198,602 |  |  |  | 4.00 |  |  |  | 198,602 |  |  |  | 4.00 |
As of December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 543,008 |  |  |  | 14.59 | % |  | $ | 372,186 |  |  |  | 10.00 | % |  | $ | 297,749 |  |  |  | 8.00 | % |  | $ | 367,533 |  |  |  | 9.88 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 504,504 |  |  |  | 13.56 |  |  |  | 297,749 |  |  |  | 8.00 |  |  |  | 223,311 |  |  |  | 6.00 |  |  |  | 293,096 |  |  |  | 7.88 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 504,502 |  |  |  | 13.56 |  |  |  | 241,921 |  |  |  | 6.50 |  |  |  | 167,484 |  |  |  | 4.50 |  |  |  | 237,268 |  |  |  | 6.38 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 504,504 |  |  |  | 11.32 |  |  |  | 222,912 |  |  |  | 5.00 |  |  |  | 178,330 |  |  |  | 4.00 |  |  |  | 178,330 |  |  |  | 4.00 |
The Company’s regulatory capital amounts and ratios are presented in the following table:
|  |  |  |  |  |  |  |  |  | To Be Well |  |  |  |  | For Capital |
|  |  |  |  |  |  |  |  |  | Capitalized Under |  | For Capital |  |  | Adequacy Purposes |
|  |  |  |  |  |  |  |  |  | Prompt Corrective |  | Adequacy |  |  | Including Capital |
|  | Actual |  |  | Action Provisions |  | Purposes |  |  | Conservation Buffer (A) |
(Dollars in thousands) |  | Amount |  |  | Ratio |  |  | Amount |  | Ratio |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
As of December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 590,614 |  |  |  | 14.20 | % |  | N/A |  | N/A |  | $ | 332,783 |  |  |  | 8.00 | % |  | $ | 436,778 |  |  |  | 10.50 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 463,521 |  |  |  | 11.14 |  |  | N/A |  | N/A |  |  | 249,587 |  |  |  | 6.00 |  |  |  | 353,582 |  |  |  | 8.50 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 463,520 |  |  |  | 11.14 |  |  | N/A |  | N/A |  |  | 187,190 |  |  |  | 4.50 |  |  |  | 291,185 |  |  |  | 7.00 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 463,521 |  |  |  | 9.33 |  |  | N/A |  | N/A |  |  | 198,792 |  |  |  | 4.00 |  |  |  | 198,792 |  |  |  | 4.00 |
As of December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 559,937 |  |  |  | 15.03 | % |  | N/A |  | N/A |  | $ | 298,047 |  |  |  | 8.00 | % |  | $ | 367,902 |  |  |  | 9.88 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 438,240 |  |  |  | 11.76 |  |  | N/A |  | N/A |  |  | 223,535 |  |  |  | 6.00 |  |  |  | 293,390 |  |  |  | 7.88 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 438,238 |  |  |  | 11.76 |  |  | N/A |  | N/A |  |  | 167,652 |  |  |  | 4.50 |  |  |  | 237,506 |  |  |  | 6.38 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 438,240 |  |  |  | 9.82 |  |  | N/A |  | N/A |  |  | 178,473 |  |  |  | 4.00 |  |  |  | 178,473 |  |  |  | 4.00 |
(A) | As fully phased in on January 1, 2019, the Basel Rules require the Company and the Bank to maintain a 2.5% “capital conservation buffer” on top of the minimum risk-weighted asset ratios. The capital conservation buffer is designed to absorb losses during periods of economic stress. Banking institutions with a ratio of (i) Common Equity Tier 1 to risk-weighted assets, (ii) Tier 1 capital to risk-weighted assets or (iii) total capital to risk-weighted assets above the respective minimum but below the capital conservation buffer will face constraints on dividends, equity repurchases and discretionary bonus payments to executive officers based on the amount of the shortfall. The implementation of the capital conservation buffer began on January 1, 2016 at the 0.625% level and increased by 0.625% on each subsequent January 1, until it reached 2.5% on January 1, 2019.

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