Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2023

Summary of Company's and the Bank's Actual Capital Amounts and Ratios

The following tables present actual and required capital ratios for the the Bank under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum required capital levels as of December 31, 2023 and 2022. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules.


	Actual				Minimum Capital Required – Basel III Fully Phased-In				To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
December 31, 2023
Company:
Tier 1 risk-based capital	$	312,454	11.49	%	$	231,087	8.50	%	N/A		N/A
Total risk-based capital	400,578		14.73		285,460		10.50		N/A		N/A
Tier 1 leverage capital	312,454		9.73		128,508		4.00		N/A		N/A

Bank:
Common equity Tier 1 capital	$	351,939	12.98	%	$	189,732	7.00	%	$	176,180	6.50	%
Tier 1 risk-based capital	351,939		12.98		230,389		8.50		216,837		8.00
Total risk-based capital	385,822		14.23		284,599		10.50		271,046		10.00
Tier 1 leverage capital	351,939		10.98		128,188		4.00		160,235		5.00


	Actual				Minimum Capital Required – Basel III Fully Phased-In				To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
December 31, 2022
Company:
Tier 1 risk-based capital	$	281,288	10.85	%	$	220,269	8.50	%	N/A		N/A
Total risk-based capital	366,243		14.13		272,096		10.50		N/A		N/A
Tier 1 leverage capital	281,288		9.12		123,428		4.00		N/A		N/A

Bank:
Common equity Tier 1 capital	$	321,245	12.43	%	$	180,892	7.00	%	$	167,971	6.50	%
Tier 1 risk-based capital	321,245		12.43		219,654		8.50		206,733		8.00
Total risk-based capital	352,187		13.63		271,337		10.50		258,417		10.00
Tier 1 leverage capital	321,245		10.43		123,150		4.00		153,937		5.00