XML 51 R39.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Regulatory Matters (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Regulatory Assets and Liabilities Disclosure [Abstract] |
Schedule of Capital Adequacy Ratios | The Bancorp’s and Bank's capital adequacy ratios as of December 31, 2021 and 2020 are presented in the following tables. The decrease in capital ratios as of December 31, 2021 from December 31, 2020 was largely attributable to shares repurchased totaling $40.7 million during 2021. Tier 1 Capital to average assets was also reduced by an increase in cash driven by deposit growth over and above that attributable to the Merger. In addition, as of December 31, 2020, Bancorp's Tier 1 capital included a subordinated debenture, which was not included at the Bank level. On March 15, 2021, Bancorp redeemed in full our last subordinated debenture due to NorCal Community Bancorp Trust II. Partially offsetting those factors, the Merger served to increase capital ratios as the proportion of risk-weighted assets to total assets was lower for ARB.
Capital Ratios for Bancorp (dollars in thousands) | Actual Ratio |  | Adequately Capitalized Threshold |  | Ratio to be a Well Capitalized Bank Holding Company
December 31, 2021 | Amount | Ratio |  | Amount | Ratio |  | Amount | Ratio
Total Capital (to risk-weighted assets) | $ | 397,101 |  | 14.58 | % |  | ≥ $ | 286,035 |  | ≥ 10.50 | % |  | ≥ $ | 272,414 |  | ≥ 10.00 | %
Tier 1 Capital (to risk-weighted assets) | $ | 373,286 |  | 13.70 | % |  | ≥ $ | 231,552 |  | ≥ 8.50 | % |  | ≥ $ | 217,931 |  | ≥ 8.00 | %
Tier 1 Capital (to average assets) | $ | 373,286 |  | 8.85 | % |  | ≥ $ | 168,750 |  | ≥ 4.00 | % |  | ≥ $ | 210,937 |  | ≥ 5.00 | %
Common Equity Tier 1 (to risk-weighted assets) | $ | 373,286 |  | 13.70 | % |  | ≥ $ | 190,690 |  | ≥ 7.00 | % |  | ≥ $ | 177,069 |  | ≥ 6.50 | %
December 31, 2020 |  |  |  |  |  |  |  |
Total Capital (to risk-weighted assets) | $ | 339,544 |  | 16.03 | % |  | ≥ $ | 222,393 |  | ≥ 10.50 | % |  | ≥ $ | 211,802 |  | ≥ 10.00 | %
Tier 1 Capital (to risk-weighted assets) | $ | 313,891 |  | 14.82 | % |  | ≥ $ | 180,032 |  | ≥ 8.50 | % |  | ≥ $ | 169,442 |  | ≥ 8.00 | %
Tier 1 Capital (to average assets) | $ | 313,891 |  | 10.80 | % |  | ≥ $ | 116,224 |  | ≥ 4.00 | % |  | ≥ $ | 145,280 |  | ≥ 5.00 | %
Common Equity Tier 1 (to risk-weighted assets) | $ | 311,114 |  | 14.69 | % |  | ≥ $ | 148,262 |  | ≥ 7.00 | % |  | ≥ $ | 137,672 |  | ≥ 6.50 | %
Capital Ratios for the Bank (dollars in thousands) | Actual Ratio |  | Adequately Capitalized Threshold |  | Ratio to be Well Capitalized under Prompt Corrective Action Provisions
December 31, 2021 | Amount | Ratio |  | Amount | Ratio |  | Amount | Ratio
Total Capital (to risk-weighted assets) | $ | 390,924 |  | 14.35 | % |  | ≥ $ | 286,009 |  | ≥ 10.50 | % |  | ≥ $ | 272,390 |  | ≥ 10.00 | %
Tier 1 Capital (to risk-weighted assets) | $ | 367,109 |  | 13.48 | % |  | ≥ $ | 231,531 |  | ≥ 8.50 | % |  | ≥ $ | 217,912 |  | ≥ 8.00 | %
Tier 1 Capital (to average assets) | $ | 367,109 |  | 8.70 | % |  | ≥ $ | 168,724 |  | ≥ 4.00 | % |  | ≥ $ | 210,905 |  | ≥ 5.00 | %
Common Equity Tier 1 (to risk-weighted assets) | $ | 367,109 |  | 13.48 | % |  | ≥ $ | 190,673 |  | ≥ 7.00 | % |  | ≥ $ | 177,053 |  | ≥ 6.50 | %
December 31, 2020 |  |  |  |  |  |  |  |
Total Capital (to risk-weighted assets) | $ | 334,686 |  | 15.80 | % |  | ≥ $ | 222,391 |  | ≥ 10.50 | % |  | ≥ $ | 211,801 |  | ≥ 10.00 | %
Tier 1 Capital (to risk-weighted assets) | $ | 309,033 |  | 14.59 | % |  | ≥ $ | 180,031 |  | ≥ 8.50 | % |  | ≥ $ | 169,441 |  | ≥ 8.00 | %
Tier 1 Capital (to average assets) | $ | 309,033 |  | 10.64 | % |  | ≥ $ | 116,224 |  | ≥ 4.00 | % |  | ≥ $ | 145,280 |  | ≥ 5.00 | %
Common Equity Tier 1 (to risk-weighted assets) | $ | 309,033 |  | 14.59 | % |  | ≥ $ | 148,261 |  | ≥ 7.00 | % |  | ≥ $ | 137,671 |  | ≥ 6.50 | %

X
- References No definition available. + Details
Name: | us-gaap_RegulatoryAssetsAndLiabilitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
Name: | us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration