Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2018

The Bancorp’s and Bank's capital adequacy ratios as of December 31, 2018 and 2017 are presented in the following tables. Bancorp's Tier 1 capital includes the subordinated debentures, which are not included at the Bank level.



Capital Ratios for Bancorp (dollars in thousands)	Actual Ratio				Adequately Capitalized Threshold ¹				Ratio to be a Well Capitalized Bank Holding Company
December 31, 2018	Amount		Ratio		Amount		Ratio		Amount		Ratio
Total Capital (to risk-weighted assets)	$	305,224	14.93	%	≥ $	201,943	≥ 9.875	%	≥ $	204,499	≥ 10.000	%
Tier 1 Capital (to risk-weighted assets)	$	288,445	14.10	%	≥ $	161,043	≥ 7.875	%	≥ $	163,599	≥ 8.000	%
Tier 1 Capital (to average assets)	$	288,445	11.54	%	≥ $	100,011	≥ 4.000	%	≥ $	125,013	≥ 5.000	%
Common Equity Tier 1 (to risk-weighted assets)	$	285,805	13.98	%	≥ $	130,368	≥ 6.375	%	≥ $	132,925	≥ 6.500	%
December 31, 2017
Total Capital (to risk-weighted assets)	$	287,435	14.91	%	≥ $	178,323	≥ 9.250	%	≥ $	192,782	≥ 10.000	%
Tier 1 Capital (to risk-weighted assets)	$	270,710	14.04	%	≥ $	139,767	≥ 7.250	%	≥ $	154,225	≥ 8.000	%
Tier 1 Capital (to average assets)	$	270,710	12.13	%	≥ $	89,285	≥ 4.000	%	≥ $	111,607	≥ 5.000	%
Common Equity Tier 1 (to risk-weighted assets)	$	265,119	13.75	%	≥ $	110,849	≥ 5.750	%	≥ $	125,308	≥ 6.500	%
¹ The adequately capitalized threshold includes the capital conservation buffer effective for 2018 and 2017. These ratios are not reflected on a fully phased-in basis, which was effective January 1, 2019.



Capital Ratios for the Bank (dollars in thousands)	Actual Ratio				Adequately Capitalized Threshold ¹				Ratio to be Well Capitalized under Prompt Corrective Action Provisions
December 31, 2018	Amount		Ratio		Amount		Ratio		Amount		Ratio
Total Capital (to risk-weighted assets)	$	285,969	13.98	%	≥ $	201,927	≥ 9.875	%	≥ $	204,483	≥ 10.000	%
Tier 1 Capital (to risk-weighted assets)	$	269,191	13.16	%	≥ $	161,031	≥ 7.875	%	≥ $	163,587	≥ 8.000	%
Tier 1 Capital (to average assets)	$	269,191	10.77	%	≥ $	99,994	≥ 4.000	%	≥ $	124,992	≥ 5.000	%
Common Equity Tier 1 (to risk-weighted assets)	$	269,191	13.16	%	≥ $	130,358	≥ 6.375	%	≥ $	132,914	≥ 6.500	%
December 31, 2017
Total Capital (to risk-weighted assets)	$	283,885	14.73	%	≥ $	178,281	≥ 9.250	%	≥ $	192,737	≥ 10.000	%
Tier 1 Capital (to risk-weighted assets)	$	267,160	13.86	%	≥ $	139,734	≥ 7.250	%	≥ $	154,189	≥ 8.000	%
Tier 1 Capital (to average assets)	$	267,160	11.97	%	≥ $	89,275	≥ 4.000	%	≥ $	111,593	≥ 5.000	%
Common Equity Tier 1 (to risk-weighted assets)	$	267,160	13.86	%	≥ $	110,824	≥ 5.750	%	≥ $	125,279	≥ 6.500	%
¹ The adequately capitalized threshold includes the capital conservation buffer effective for 2018 and 2017. These ratios are not reflected on a fully phased-in basis, which was effective January 1, 2019.