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SHAREHOLDERS’ EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Schedule of actual capital amounts and ratios as well as minimum amounts for each regulatory defined category for the bank and the company

The Bank exceeded the minimum regulatory capital ratios at December 31, 2020 and 2019, as set forth in the following table:

Schedule of actual capital amounts and ratios as well as minimum amounts for each regulatory defined category for the bank and the company

SHAREHOLDERS' EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS
(In thousands)   Minimum
Required
Amount
    %     Actual
Amount
    %     Excess
Amount
    %  
The Bank(1)(2):                                                
December 31, 2020                                                
Risk Based Capital                                                
Tier 1   $ 56,288       6.0%     $ 120,385       12.8%     $ 64,097       6.8%  
Total Capital   $ 75,051       8.0%     130,774       13.9%     55,723       5.9%  
CET1   $ 42,216       4.5%     $ 120,385       12.8%     78,169       8.3%  
Tier 1 Leverage   $ 54,492       4.0%     $ 120,385       8.8%     65,893       4.8%  
December 31, 2019                                                
Risk Based Capital                                                
Tier 1   $ 50,224       6.0%     $ 112,754       13.5%     $ 62,530       7.5%  
Total Capital   $ 66,965       8.0%     119,381       14.3%     $ 52,416       6.3%  
CET1   $ 37,668       4.5%     112,754       13.5%     $ 75,086       9.0%  
Tier 1 Leverage   $ 45,246       4.0%     112,754       10.0%     $ 67,508       6.0%