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Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2023
Regulatory Capital  
Summary of company and the Bank's capital amounts and ratios

The following tables present the capital amounts and ratios for the Company, on a consolidated basis, and the Bank as of December 31, 2023 and 2022:

Minimum Required

For Capital Adequacy

To be Well Capitalized

For Capital Adequacy

Purposes Plus Capital

Under Prompt Corrective

Actual

Purposes

Conservation Buffer

Action Regulations

(dollars in thousands)

    

Amount

    

Ratio

    

Amount

    

Ratio

    

Amount

    

Ratio

Amount

    

Ratio

December 31, 2023

Company (Consolidated):

Total Risk-based Capital

$

570,770

13.97

%  

$

326,872

8.00

%  

$

429,019

10.50

%  

N/A

N/A

Tier 1 Risk-based Capital

440,947

10.79

245,154

6.00

347,301

8.50

N/A

N/A

Common Equity Tier 1 Capital

374,433

9.16

183,865

4.50

286,013

7.00

N/A

N/A

Tier 1 Leverage Ratio

440,947

9.57

184,383

4.00

184,383

4.00

N/A

N/A

Bank:

Total Risk-based Capital

$

554,269

13.58

%  

$

326,528

8.00

%  

$

428,568

10.50

%  

$

408,160

10.00

%

Tier 1 Risk-based Capital

503,787

12.34

244,896

6.00

346,936

8.50

326,528

8.00

Common Equity Tier 1 Capital

503,787

12.34

183,672

4.50

285,712

7.00

265,304

6.50

Tier 1 Leverage Ratio

503,787

10.95

184,037

4.00

184,037

4.00

230,047

5.00

Minimum Required

For Capital Adequacy

To be Well Capitalized

For Capital Adequacy

Purposes Plus Capital

Under Prompt Corrective

Actual

Purposes

Conservation Buffer

Action Regulations

(dollars in thousands)

    

Amount

    

Ratio

    

Amount

    

Ratio

    

Amount

    

Ratio

Amount

    

Ratio

December 31, 2022

Company (Consolidated):

Total Risk-based Capital

$

536,352

13.15

%  

$

326,190

8.00

%  

$

428,125

10.50

%  

N/A

N/A

Tier 1 Risk-based Capital

409,092

10.03

244,643

6.00

346,577

8.50

N/A

N/A

Common Equity Tier 1 Capital

342,578

8.40

183,482

4.50

285,417

7.00

N/A

N/A

Tier 1 Leverage Ratio

409,092

9.55

171,368

4.00

171,368

4.00

N/A

N/A

Bank:

Total Risk-based Capital

$

508,760

12.47

%  

$

326,288

8.00

%  

$

428,253

10.50

%  

$

407,860

10.00

%

Tier 1 Risk-based Capital

460,404

11.29

244,716

6.00

346,681

8.50

326,288

8.00

Common Equity Tier 1 Capital

460,404

11.29

183,537

4.50

285,502

7.00

265,109

6.50

Tier 1 Leverage Ratio

460,404

10.76

171,113

4.00

171,113

4.00

213,891

5.00