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Regulatory Capital (Tables)
6 Months Ended
Jun. 30, 2015
Regulatory Capital Requirements [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The following table summarizes the Corporation’s and Banks’ capital ratios and the ratios required by their federal regulators at June 30, 2015 and December 31, 2014, respectively:

 
 
Actual
 
Minimum Required for Capital Adequacy Purposes
 
Minimum Required to Be Well
Capitalized Under Prompt Corrective Action Requirements
 
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
(Dollars in Thousands)
As of June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Total capital
 
 
 
 
 
 
 
 
 
 
 
 
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
181,281

 
11.11
%
 
$
130,502

 
8.00
%
 
N/A

 
N/A

First Business Bank
 
135,519

 
11.23

 
96,523

 
8.00

 
$
120,654

 
10.00
%
First Business Bank — Milwaukee
 
19,404

 
11.27

 
13,779

 
8.00

 
17,223

 
10.00

Alterra Bank
 
27,979

 
10.79

 
20,748

 
8.00

 
25,935

 
10.00

Tier 1 capital
 
 
 
 
 
 
 
 
 
 
 
 
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
143,156

 
8.78
%
 
$
97,877

 
6.00
%
 
N/A

 
N/A

First Business Bank
 
123,424

 
10.23

 
72,393

 
6.00

 
$
96,523

 
8.00
%
First Business Bank — Milwaukee
 
17,746

 
10.30

 
10,334

 
6.00

 
13,779

 
8.00

Alterra Bank
 
26,533

 
10.23

 
15,561

 
6.00

 
20,748

 
8.00

Common equity tier 1 capital
 
 
 
 
 
 
 
 
 
 
 
 
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
133,156

 
8.16
%
 
$
73,407

 
4.50
%
 
N/A

 
N/A

First Business Bank
 
123,424

 
10.23

 
54,294

 
4.50

 
$
106,033

 
6.50
%
First Business Bank — Milwaukee
 
17,746

 
10.30

 
7,751

 
4.50

 
78,425

 
6.50

Alterra Bank
 
26,533

 
10.23

 
11,671

 
4.50

 
11,195

 
6.50

Tier 1 capital
 
 
 
 
 
 
 
 
 
 
 
 
(to average assets)
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
143,156

 
8.66
%
 
$
5,326

 
4.00
%
 
N/A

 
N/A

First Business Bank
 
123,424

 
10.55

 
4,937

 
4.00

 
$
6,171

 
5.00
%
First Business Bank — Milwaukee
 
17,746

 
7.46

 
710

 
4.00

 
887

 
5.00

Alterra Bank
 
26,533

 
10.00

 
1,061

 
4.00

 
1,327

 
5.00

 
 
Actual
 
Minimum Required for Capital Adequacy Purposes
 
Minimum Required to Be Well
Capitalized Under Prompt Corrective Action Requirements
 
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
(Dollars in Thousands)
As of December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Total capital
 
 
 
 
 
 
 
 
 
 
 
 
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
173,263

 
12.13
%
 
$
114,253

 
8.00
%
 
N/A

 
N/A

First Business Bank
 
131,411

 
12.19

 
86,272

 
8.00

 
$
107,841

 
10.00
%
First Business Bank — Milwaukee
 
19,128

 
12.47

 
12,274

 
8.00

 
15,343

 
10.00

Alterra Bank
 
22,657

 
10.90

 
16,628

 
8.00

 
20,785

 
10.00

Tier 1 capital
 
 
 
 
 
 
 
 
 
 
 
 
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
136,008

 
9.52

 
$
57,127

 
4.00
%
 
N/A

 
N/A

First Business Bank
 
118,907

 
11.03

 
43,136

 
4.00

 
$
64,704

 
6.00
%
First Business Bank — Milwaukee
 
17,641

 
11.50

 
6,137

 
4.00

 
9,206

 
6.00

Alterra Bank
 
22,320

 
10.74

 
8,314

 
4.00

 
12,471

 
6.00

Tier 1 capital
 
 
 
 
 
 
 
 
 
 
 
 
(to average assets)
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
136,008

 
8.71

 
$
62,490

 
4.00
%
 
N/A

 
N/A

First Business Bank
 
118,907

 
10.13

 
46,960

 
4.00

 
$
58,700

 
5.00
%
First Business Bank — Milwaukee
 
17,641

 
7.90

 
8,935

 
4.00

 
11,169

 
5.00

Alterra Bank
 
22,320

 
9.01

 
9,910

 
4.00

 
12,388

 
5.00