XML 118 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Schedule of compliance with regulatory capital requirements
 
 
December 31, 2014
 
December 31, 2013
(Dollars in thousands)
 
Amount
 
Ratio
 
Amount
 
Ratio
Tier 1 Leverage Ratio
 
 

 
 

 
 

 
 

Central Valley Community Bancorp and Subsidiary
 
$
95,936

 
8.36
%
 
$
88,320

 
8.14
%
Minimum regulatory requirement
 
$
45,894

 
4.00
%
 
$
43,394

 
4.00
%
Central Valley Community Bank
 
$
95,298

 
8.31
%
 
$
87,674

 
8.09
%
Minimum requirement for “Well-Capitalized” institution
 
$
57,341

 
5.00
%
 
$
54,218

 
5.00
%
Minimum regulatory requirement
 
$
45,873

 
4.00
%
 
$
43,375

 
4.00
%
Tier 1 Risk-Based Capital Ratio
 
 

 
 

 
 

 
 

Central Valley Community Bancorp and Subsidiary
 
$
95,936

 
13.67
%
 
$
88,320

 
13.88
%
Minimum regulatory requirement
 
$
28,075

 
4.00
%
 
$
25,454

 
4.00
%
Central Valley Community Bank
 
$
95,298

 
13.59
%
 
$
87,674

 
13.79
%
Minimum requirement for “Well-Capitalized” institution
 
$
42,080

 
6.00
%
 
$
38,151

 
6.00
%
Minimum regulatory requirement
 
$
28,053

 
4.00
%
 
$
25,434

 
4.00
%
Total Risk-Based Capital Ratio
 
 

 
 

 
 

 
 

Central Valley Community Bancorp and Subsidiary
 
$
104,447

 
14.88
%
 
$
96,292

 
15.13
%
Minimum regulatory requirement
 
$
56,150

 
8.00
%
 
$
50,908

 
8.00
%
Central Valley Community Bank
 
$
103,809

 
14.80
%
 
$
95,639

 
15.04
%
Minimum requirement for “Well-Capitalized” institution
 
$
70,133

 
10.00
%
 
$
63,585

 
10.00
%
Minimum regulatory requirement
 
$
56,106

 
8.00
%
 
$
50,868

 
8.00
%
Schedule of computation of basic and diluted earnings per common share
A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations is as follows (in thousands, except share and per share amounts):
 
 
For the Years Ended December 31,
 
 
2014
 
2013
 
2012
Basic Earnings Per Common Share:
 
 

 
 

 
 

Net income
 
$
5,294

 
$
8,250

 
$
7,520

Less: Preferred stock dividends and accretion
 

 
(350
)
 
(350
)
Income available to common shareholders
 
$
5,294

 
$
7,900

 
$
7,170

Weighted average shares outstanding
 
10,919,235

 
10,245,448

 
9,587,784

Net income per common share
 
$
0.48

 
$
0.77

 
$
0.75

Diluted Earnings Per Common Share:
 
 

 
 

 
 

Net income
 
$
5,294

 
$
8,250

 
$
7,520

Less: Preferred stock dividends and accretion
 

 
(350
)
 
(350
)
Income available to common shareholders
 
$
5,294

 
$
7,900

 
$
7,170

Weighted average shares outstanding
 
10,919,235

 
10,245,448

 
9,587,784

Effect of dilutive stock options and warrants
 
80,703

 
62,592

 
28,629

Weighted average shares of common stock and common stock equivalents
 
10,999,938

 
10,308,040

 
9,616,413

Net income per diluted common share
 
$
0.48

 
$
0.77

 
$
0.75