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REGULATORY CAPITAL (Tables) | 12 Months Ended
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Dec. 31, 2021
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, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 672,614 |  |  |  | 14.05 | % |  | $ | 478,628 |  |  |  | 10.00 | % |  | $ | 382,902 |  |  |  | 8.00 | % |  | $ | 502,559 |  |  |  | 10.50 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 612,762 |  |  |  | 12.80 |  |  |  | 382,902 |  |  |  | 8.00 |  |  |  | 287,177 |  |  |  | 6.00 |  |  |  | 406,834 |  |  |  | 8.50 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 612,738 |  |  |  | 12.80 |  |  |  | 311,108 |  |  |  | 6.50 |  |  |  | 215,382 |  |  |  | 4.50 |  |  |  | 335,039 |  |  |  | 7.00 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 612,762 |  |  |  | 9.99 |  |  |  | 306,538 |  |  |  | 5.00 |  |  |  | 245,231 |  |  |  | 4.00 |  |  |  | 245,231 |  |  |  | 4.00 |
As of December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 600,478 |  |  |  | 14.81 | % |  | $ | 405,587 |  |  |  | 10.00 | % |  | $ | 324,469 |  |  |  | 8.00 | % |  | $ | 425,866 |  |  |  | 10.50 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 549,575 |  |  |  | 13.55 |  |  |  | 324,469 |  |  |  | 8.00 |  |  |  | 243,352 |  |  |  | 6.00 |  |  |  | 344,749 |  |  |  | 8.50 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 549,540 |  |  |  | 13.55 |  |  |  | 263,631 |  |  |  | 6.50 |  |  |  | 182,514 |  |  |  | 4.50 |  |  |  | 283,911 |  |  |  | 7.00 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 549,575 |  |  |  | 9.71 |  |  |  | 283,083 |  |  |  | 5.00 |  |  |  | 226,466 |  |  |  | 4.00 |  |  |  | 226,466 |  |  |  | 4.00 |
(A) | See footnote on following table.
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, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 700,790 |  |  |  | 14.64 | % |  | N/A |  | N/A |  | $ | 382,944 |  |  |  | 8.00 | % |  | $ | 502,614 |  |  |  | 10.50 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 508,231 |  |  |  | 10.62 |  |  | N/A |  | N/A |  |  | 287,208 |  |  |  | 6.00 |  |  |  | 406,878 |  |  |  | 8.50 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 508,207 |  |  |  | 10.62 |  |  | N/A |  | N/A |  |  | 215,406 |  |  |  | 4.50 |  |  |  | 335,076 |  |  |  | 7.00 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 508,231 |  |  |  | 8.29 |  |  | N/A |  | N/A |  |  | 245,242 |  |  |  | 4.00 |  |  |  | 245,242 |  |  |  | 4.00 |
As of December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  | $ | 716,210 |  |  |  | 17.67 | % |  | N/A |  | N/A |  | $ | 324,322 |  |  |  | 8.00 | % |  | $ | 425,673 |  |  |  | 10.50 | %
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 483,535 |  |  |  | 11.93 |  |  | N/A |  | N/A |  |  | 243,242 |  |  |  | 6.00 |  |  |  | 344,592 |  |  |  | 8.50 |
Common equity tier I |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to risk-weighted assets) |  |  | 483,500 |  |  |  | 11.93 |  |  | N/A |  | N/A |  |  | 182,431 |  |  |  | 4.50 |  |  |  | 283,782 |  |  |  | 7.00 |
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to average assets) |  |  | 483,535 |  |  |  | 8.53 |  |  | N/A |  | N/A |  |  | 226,624 |  |  |  | 4.00 |  |  |  | 226,624 |  |  |  | 4.00 |
(A) | The Basel Rules require the Company and the Bank to maintain a 2.5 percent “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) CET1 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 face constraints on dividends, equity repurchases and discretionary bonus payments to executive officers based on the amount of the shortfall.

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- Definition Regulatory Capital. + References No definition available. + Details
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- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
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