v3.19.1
Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Schedule of Regulatory Capital Amounts and Ratios
The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated:
 
 
Actual
 
Minimum Capital Requirement
 
To Be Well Capitalized Under Prompt Corrective Provisions
($ in thousands)
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
Pacific City Financial Corporation
 
 
 
 
 
 
 
 
 
 
 
 
Common tier 1 capital (to risk-weighted assets)
 
$
210,871

 
16.28
%
 
$
58,273

 
4.5
%
 
 N/A

 
 N/A

Total capital (to risk-weighted assets)
 
224,178

 
17.31
%
 
103,596

 
8.0
%
 
 N/A

 
 N/A

Tier 1 capital (to risk-weighted assets)
 
210,871

 
16.28
%
 
77,697

 
6.0
%
 
 N/A

 
 N/A

Tier 1 capital (to average assets)
 
210,871

 
12.60
%
 
66,930

 
4.0
%
 
 N/A

 
 N/A

Pacific City Bank
 
 
 
 
 
 
 
 
 
 
 
 
Common tier 1 capital (to risk-weighted assets)
 
$
209,587

 
16.19
%
 
$
58,272

 
4.5
%
 
$
84,171

 
6.5
%
Total capital (to risk-weighted assets)
 
222,894

 
17.21
%
 
103,594

 
8.0
%
 
129,493

 
10.0
%
Tier 1 capital (to risk-weighted assets)
 
209,587

 
16.19
%
 
77,696

 
6.0
%
 
103,594

 
8.0
%
Tier 1 capital (to average assets)
 
209,587

 
12.53
%
 
66,929

 
4.0
%
 
83,661

 
5.0
%
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Pacific City Financial Corporation
 
 
 
 
 
 
 
 
 
 
 
 
Common tier 1 capital (to risk-weighted assets)
 
$
142,370

 
12.15
%
 
$
52,730

 
4.5
%
 
 N/A

 
N/A

Total capital (to risk-weighted assets)
 
154,715

 
13.20
%
 
93,766

 
8.0
%
 
 N/A

 
N/A

Tier 1 capital (to risk-weighted assets)
 
142,370

 
12.15
%
 
70,306

 
6.0
%
 
 N/A

 
N/A

Tier 1 capital (to average assets)
 
142,370

 
10.01
%
 
56,891

 
4.0
%
 
 N/A

 
N/A

Pacific City Bank
 
 
 
 
 
 
 
 
 
 
 
 
Common tier 1 capital (to risk-weighted assets)
 
$
141,361

 
12.06
%
 
$
52,747

 
4.5
%
 
$
76,189

 
6.5
%
Total capital (to risk-weighted assets)
 
153,705

 
13.12
%
 
93,723

 
8.0
%
 
117,153

 
10.0
%
Tier 1 capital (to risk-weighted assets)
 
141,361

 
12.06
%
 
70,329

 
6.0
%
 
93,772

 
8.0
%
Tier 1 capital (to average assets)
 
141,361

 
9.94
%
 
56,886

 
4.0
%
 
71,107

 
5.0
%