XML 34 R40.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stockholders' Equity and Regulatory Capital (Tables)
 12 Months Ended
Dec. 31, 2019
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The following tables summarize both the Corporation’s and the Bank’s capital ratios and the ratios required by their federal regulators:
 
 
As of December 31, 2019
 
 
Actual
 
Minimum Required for Capital Adequacy Purposes
 
For Capital Adequacy Purposes Plus Capital Conservation Buffer
 
Minimum Required to Be Well Capitalized Under Prompt Corrective Action
Requirements
 
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
(Dollars in Thousands)
Total capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
239,029

 
12.01
%
 
$
159,185

 
8.00
%
 
$
208,930

 
10.50
%
 
N/A

 
N/A

First Business Bank
 
$
233,181

 
11.79
%
 
$
158,177

 
8.00
%
 
$
207,607

 
10.50
%
 
$
197,721

 
10.00
%
Tier 1 capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
194,456

 
9.77
%
 
$
119,388

 
6.00
%
 
$
169,134

 
8.50
%
 
N/A

 
N/A

First Business Bank
 
212,315

 
10.74

 
118,633

 
6.00

 
168,063

 
8.50

 
158,177

 
8.00

Common equity tier 1 capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
184,409

 
9.27
%
 
$
89,541

 
4.50
%
 
$
139,286

 
7.70
%
 
N/A

 
N/A

First Business Bank
 
212,315

 
10.74

 
88,974

 
4.50

 
138,405

 
7.00

 
128,519

 
6.50

Tier 1 leverage capital
(to adjusted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
194,456

 
9.27
%
 
$
83,950

 
4.00
%
 
$
83,950

 
4.00
%
 
N/A

 
N/A

First Business Bank
 
212,315

 
10.18

 
83,414

 
4.00

 
83,414

 
4.00

 
104,268

 
5.00


 
 
As of December 31, 2018
 
 
Actual
 
Minimum Required for Capital Adequacy Purposes
 
For Capital Adequacy Purposes Plus Capital Conservation Buffer
 
Minimum Required to Be Well Capitalized Under Prompt Corrective Action
Requirements
 
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
(Dollars in Thousands)
Total capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
228,325

 
11.85
%
 
$
154,080

 
8.00
%
 
$
190,192

 
9.875
%
 
N/A

 
N/A

First Business Bank
 
220,474

 
11.49

 
153,456

 
8.00

 
189,422

 
9.875

 
$
191,820

 
10.00
%
Tier 1 capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
181,175

 
9.41
%
 
$
115,560

 
6.00
%
 
$
151,672

 
7.875
%
 
N/A

 
N/A

First Business Bank
 
197,093

 
10.27

 
115,092

 
6.00

 
151,058

 
7.875

 
$
153,456

 
8.00
%
Common equity tier 1 capital
(to risk-weighted assets)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
171,142

 
8.89
%
 
$
86,670

 
4.50
%
 
$
122,782

 
6.375
%
 
N/A

 
N/A

First Business Bank
 
197,093

 
10.27

 
86,319

 
4.50

 
122,285

 
6.375

 
$
124,683

 
6.50
%
Tier 1 leverage capital
(to adjusted assets)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
181,175

 
9.33
%
 
$
77,648

 
4.00
%
 
$
77,648

 
4.00
%
 
N/A

 
N/A

First Business Bank
 
197,093

 
10.20

 
77,301

 
4.00

 
77,301

 
4.00

 
$
96,626

 
5.00
%
Reconciliation of stockholders' equity to federal regulatory capital
The following table reconciles stockholders’ equity to federal regulatory capital at December 31, 2019 and 2018, respectively:
 
 
As of December 31,
 
 
2019
 
2018
 
 
(In Thousands)
Stockholders’ equity of the Corporation
 
$
194,156

 
$
180,707

Net unrealized and accumulated losses on specific items
 
1,348

 
1,684

Disallowed servicing assets
 
(629
)
 
(751
)
Disallowed goodwill and other intangibles
 
(10,466
)
 
(10,498
)
Junior subordinated notes
 
10,047

 
10,033

Tier 1 capital
 
194,456

 
181,175

Allowable general valuation allowances and subordinated debt
 
44,573

 
47,150

Total capital
 
$
239,029

 
$
228,325