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Regulatory Matters (Tables) | 12 Months Ended
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Dec. 31, 2020
Regulatory Matters [Abstract] |
Summary of capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements | The following table summarizes the capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements at December 31, 2020 and 2019.
|  |  |  |  |  |  |  | To be well
|  |  |  |  |  |  |  | capitalized
|  |  |  |  | For capital |  |  | under prompt
|  |  |  |  | adequacy purposes |  |  | corrective action
|  | Actual |  |  | minimum |  |  | provisions minimum
(dollars in thousands) |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio
As of December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
The Bank |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to risk weighted assets) |  | $ | 279,414 |  |  |  | 13.92 | % |  | $ | 160,554 |  |  |  | 8.00 | % |  | $ | 200,693 |  |  |  | 10.00 | %
Tier 1 Capital (to risk weighted assets) |  |  | 254,092 |  |  |  | 12.66 | % |  |  | 120,416 |  |  |  | 6.00 | % |  |  | 160,554 |  |  |  | 8.00 | %
Common Equity Tier 1 Capital (to risk weighted assets) |  |  | 254,092 |  |  |  | 12.66 | % |  |  | 90,312 |  |  |  | 4.50 | % |  |  | 130,451 |  |  |  | 6.50 | %
Tier 1 Capital (to average assets) |  |  | 254,092 |  |  |  | 10.26 | % |  |  | 99,094 |  |  |  | 4.00 | % |  |  | 123,867 |  |  |  | 5.00 | %
The Company(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to risk weighted assets) |  |  | 288,593 |  |  |  | 14.38 | % |  |  | 160,554 |  |  |  | 8.00 | % |  |  | n/a |  |  |  | n/a |
Tier 1 Capital (to risk weighted assets) |  |  | 240,271 |  |  |  | 11.97 | % |  |  | 120,416 |  |  |  | 6.00 | % |  |  | n/a |  |  |  | n/a |
Common Equity Tier 1 Capital (to risk weighted assets) |  |  | 227,271 |  |  |  | 11.32 | % |  |  | 90,312 |  |  |  | 4.50 | % |  |  | n/a |  |  |  | n/a |
Tier 1 Capital (to average assets) |  |  | 240,271 |  |  |  | 9.70 | % |  |  | 99,094 |  |  |  | 4.00 | % |  |  | n/a |  |  |  | n/a |
|  |  |  |  |  |  |  | To be well
|  |  |  |  |  |  |  | capitalized
|  |  |  |  | For capital |  |  | under prompt
|  |  |  |  | adequacy purposes |  |  | corrective action
|  | Actual |  |  | minimum |  |  | provisions minimum
(dollars in thousands) |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio
As of December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
The Bank |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to risk weighted assets) |  | $ | 250,847 |  |  |  | 13.31 | % |  | $ | 150,807 |  |  |  | 8.00 | % |  | $ | 188,510 |  |  |  | 10.00 | %
Tier 1 Capital (to risk weighted assets) |  |  | 234,205 |  |  |  | 12.42 | % |  |  | 113,106 |  |  |  | 6.00 | % |  |  | 150,807 |  |  |  | 8.00 | %
Common Equity Tier 1 Capital (to risk weighted assets) |  |  | 234,205 |  |  |  | 12.42 | % |  |  | 84,829 |  |  |  | 4.50 | % |  |  | 122,531 |  |  |  | 6.50 | %
Tier 1 Capital (to average assets) |  |  | 234,205 |  |  |  | 10.80 | % |  |  | 86,772 |  |  |  | 4.00 | % |  |  | 108,465 |  |  |  | 5.00 | %
The Company(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to risk weighted assets) |  |  | 258,800 |  |  |  | 13.73 | % |  |  | 150,807 |  |  |  | 8.00 | % |  |  | n/a |  |  |  | n/a |
Tier 1 Capital (to risk weighted assets) |  |  | 219,158 |  |  |  | 11.63 | % |  |  | 113,106 |  |  |  | 6.00 | % |  |  | n/a |  |  |  | n/a |
Common Equity Tier 1 Capital (to risk weighted assets) |  |  | 206,158 |  |  |  | 10.94 | % |  |  | 84,829 |  |  |  | 4.50 | % |  |  | n/a |  |  |  | n/a |
Tier 1 Capital (to average assets) |  |  | 219,158 |  |  |  | 10.10 | % |  |  | 86,772 |  |  |  | 4.00 | % |  |  | n/a |  |  |  | n/a |
(1) | Under the Federal Reserve’s Small Bank Holding Company Policy Statement, the Company is not subject to the minimum capital adequacy and capital conservation buffer capital requirements at the holding company level, unless otherwise advised by the Federal Reserve (such capital requirements are applicable only at the Bank level). Although the minimum regulatory capital requirements are not applicable to the Company, we calculate these ratios for our own planning and monitoring purposes.

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- 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
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