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REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2021

REGULATORY MATTERS

Schedule of capital ratios


															Minimum To Be Well
							Minimum				Minimum To Maintain				Capitalized Under				Minimum To Meet
							Capital				Capital Conservation				Prompt Corrective				the Corporation's
		Actual					Requirement				Buffer at Reporting Date				Action Provisions				Policy Thresholds
(Dollars In Thousands)			Amount		Ratio		Amount		Ratio		Amount		Ratio		Amount		Ratio		Amount			Ratio
December 31, 2021:
Total capital to risk-weighted assets:
Consolidated		$	287,614		18.21	%	N/A		N/A		N/A		N/A		N/A		N/A		$	165,846		³10.5	%
C&N Bank			252,606		16.04	%	126,012		³8	%	165,390		³10.5	%	157,514		³10	%		165,390		³10.5	%
Tier 1 capital to risk-weighted assets:
Consolidated			240,433		15.22	%	N/A		N/A		N/A		N/A		N/A		N/A			134,256		³8.5	%
C&N Bank			238,434		15.14	%	94,509		³6	%	133,887		³8.5	%	126,012		³8	%		133,887		³8.5	%
Common equity tier 1 capital to risk-weighted assets:
Consolidated			240,433		15.22	%	N/A		N/A		N/A		N/A		N/A		N/A			110,564		³7	%
C&N Bank			238,434		15.14	%	70,881		³4.5	%	110,260		³7.0	%	102,384		³6.5	%		110,260		³7	%
Tier 1 capital to average assets:
Consolidated			240,433		10.53	%	N/A		N/A		N/A		N/A		N/A		N/A			182,683		³8	%
C&N Bank			238,434		10.52	%	90,688		³4	%	N/A		N/A		113,360		³5	%		181,376		³8	%

December 31, 2020:
Total capital to risk-weighted assets:
Consolidated		$	260,015		17.49	%	N/A		N/A		N/A		N/A		N/A		N/A		$	156,113		³10.5	%
C&N Bank			236,943		15.98	%	118,602		³8	%	155,665		³10.5	%	148,252		³10	%		155,665		³10.5	%
Tier 1 capital to risk-weighted assets:
Consolidated			231,577		15.58	%	N/A		N/A		N/A		N/A		N/A		N/A			126,377		³8.5	%
C&N Bank			225,058		15.18	%	88,951		³6	%	126,015		³8.5	%	118,602		³8	%		126,015		³8.5	%
Common equity tier 1 capital to risk-weighted assets:
Consolidated			231,577		15.58	%	N/A		N/A		N/A		N/A		N/A		N/A			104,075		³7	%
C&N Bank			225,058		15.18	%	66,714		³4.5	%	103,777		³7.0	%	96,364		³6.5	%		103,777		³7	%
Tier 1 capital to average assets:
Consolidated			231,577		10.34	%	N/A		N/A		N/A		N/A		N/A		N/A			179,206		³8	%
C&N Bank			225,058		10.12	%	88,959		³4	%	N/A		N/A		111,199		³5	%		177,919		³8	%

Schedule of minimum risk-based capital ratios, and the capital ratios including the capital conservation buffer


Minimum common equity tier 1 capital ratio		4.5	%
Minimum common equity tier 1 capital ratio plus capital conservation buffer		7.0	%
Minimum tier 1 capital ratio		6.0	%
Minimum tier 1 capital ratio plus capital conservation buffer		8.5	%
Minimum total capital ratio		8.0	%
Minimum total capital ratio plus capital conservation buffer		10.5	%

Schedule of summary of payout restrictions based on the capital conservation buffer


Capital Conservation Buffer		Maximum Payout
(as a % of risk-weighted assets)		(as a % of eligible retained income)
Greater than 2.5%		No payout limitation applies
≤2.5% and >1.875%		60	%
≤1.875% and >1.25%		40	%
≤1.25% and >0.625%		20	%
≤0.625%		0	%