Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2019

The Bancorp’s and Bank's capital adequacy ratios as of December 31, 2019 and 2018 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, 2019	Amount		Ratio		Amount		Ratio		Amount		Ratio
Total Capital (to risk-weighted assets)	$	319,317	15.07	%	≥ $	222,430	≥ 10.500	%	≥ $	211,838	≥ 10.000	%
Tier 1 Capital (to risk-weighted assets)	$	301,553	14.24	%	≥ $	180,063	≥ 8.500	%	≥ $	169,471	≥ 8.000	%
Tier 1 Capital (to average assets)	$	301,553	11.66	%	≥ $	103,489	≥ 4.000	%	≥ $	129,361	≥ 5.000	%
Common Equity Tier 1 (to risk-weighted assets)	$	298,845	14.11	%	≥ $	148,287	≥ 7.000	%	≥ $	137,695	≥ 6.500	%
December 31, 2018
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	%
¹ The adequately capitalized threshold includes the capital conservation buffer that was effective in 2018 and fully phased-in on 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, 2019	Amount		Ratio		Amount		Ratio		Amount		Ratio
Total Capital (to risk-weighted assets)	$	309,875	14.63	%	≥ $	222,437	≥ 10.500	%	≥ $	211,844	≥ 10.000	%
Tier 1 Capital (to risk-weighted assets)	$	292,111	13.79	%	≥ $	180,068	≥ 8.500	%	≥ $	169,476	≥ 8.000	%
Tier 1 Capital (to average assets)	$	292,111	11.29	%	≥ $	103,488	≥ 4.000	%	≥ $	129,360	≥ 5.000	%
Common Equity Tier 1 (to risk-weighted assets)	$	292,111	13.79	%	≥ $	148,291	≥ 7.000	%	≥ $	137,699	≥ 6.500	%
December 31, 2018
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	%
¹ The adequately capitalized threshold includes the capital conservation buffer that was effective in 2018 and fully phased-in on January 1, 2019.