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Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2021

Shareholders' Equity [Abstract]

Summary of Activity under Repurchase Plan

A summary of the activity under the RP is as follows:

		Six Months Ended June 30,								Three Months Ended June 30,
		2021				2020				2021				2020
Number of shares repurchased			-				831,254				-				38,160
Average price of shares repurchased		$	-			$	8.56			$	-			$	7.90
Shares remaining to be repurchased			717,822				168,746				717,822				168,746

Actual Capital Amounts and Ratios

The Company’s and Bank’s actual capital amounts and ratios are presented in the following table (dollars in thousands):

		Actual								Minimum Capital Requirements								With Capital Conservation Buffer								Minimum To Be Well Capitalized Under Prompt Corrective Action
		Amount				Ratio				Amount				Ratio				Amount				Ratio				Amount				Ratio
As of June 30, 2021
Total capital to risk-weighted assets
Company		$	126,459				14.47	%		$	69,901				8.00	%		$	91,745				10.50	%			N/A				N/A
Bank			126,406				14.48				69,819				8.00				91,637				10.50			$	87,273				10.00	%
Tier I capital to risk-weighted assets
Company			115,520				13.22				52,426				6.00				74,269				8.50				N/A				N/A
Bank			115,480				13.23				52,364				6.00				74,182				8.50				69,819				8.00
CET I capital to risk-weighted assets
Company			115,520				13.22				39,319				4.50				61,163				7.00				N/A				N/A
Bank			115,480				13.23				39,273				4.50				61,091				7.00				56,728				6.50
Tier I capital to average assets
Company			115,520				11.26				41,039				4.00				N/A				N/A				N/A				N/A
Bank			115,480				11.28				40,945				4.00				N/A				N/A				51,182				5.00
As of December 31, 2020
Total capital to risk-weighted assets
Company		$	115,375				14.73	%		$	62,641				8.00	%		$	82,216				10.50	%			N/A				N/A
Bank			115,335				14.75				62,563				8.00				82,114				10.50			$	78,204				10.00	%
Tier I capital to risk-weighted assets
Company			105,736				13.50				46,981				6.00				66,556				8.50				N/A				N/A
Bank			105,696				13.51				46,922				6.00				66,473				8.50				62,563				8.00
CET I capital to risk-weighted assets
Company			105,736				13.50				35,236				4.50				54,811				7.00				N/A				N/A
Bank			105,696				13.51				35,192				4.50				54,743				7.00				50,832				6.50
Tier I capital to average assets
Company			105,736				10.78				39,218				4.00				N/A				N/A				N/A				N/A
Bank			105,696				10.78				39,233				4.00				N/A				N/A				49,041				5.00

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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.

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Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

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