Minimum Capital

Required to be

Required - Basel III

Considered Well-

Actual

Fully Phased-In

Capitalized

(in thousands)

Amount

Ratio

Amount

Ratio

Amount

Ratio

December 31, 2020

Total Capital (to risk-weighted assets):

Company

$

193,220

14.97

%

$

135,518

10.50

%

$

—

N.A

%

Bank

191,504

14.87

135,186

10.50

128,748

10.00

Tier 1 Capital (to risk-weighted assets):

Company

$

172,591

13.37

%

$

109,705

8.50

%

$

—

N.A

%

Bank

175,384

13.62

109,436

8.50

102,999

8.00

Common Equity Tier 1 Capital (to risk-weighted assets):

Company

$

129,061

10.00

%

$

90,345

7.00

%

$

—

N.A

%

Bank

175,384

13.62

90,124

7.00

83,686

6.50

Tier 1 leverage ratio (to adjusted average assets):

Company

$

172,591

10.19

%

$

67,724

4.00

%

$

—

N.A

%

Bank

175,384

10.41

67,394

4.00

84,243

5.00

December 31, 2019

Total Capital (to risk-weighted assets):

Company

$

179,430

14.89

%

$

126,511

10.50

%

$

—

N.A

%

Bank

175,459

14.60

126,165

10.50

120,158

10.00

Tier 1 Capital (to risk-weighted assets):

Company

$

157,139

13.04

%

$

102,414

8.50

%

$

—

N.A

%

Bank

162,822

13.55

102,134

8.50

96,126

8.00

Common Equity Tier 1 Capital (to risk-weighted assets)

Company

$

118,793

9.86

%

$

84,341

7.00

%

$

—

N.A

%

Bank

162,822

13.55

84,110

7.00

78,102

6.50

Tier 1 leverage ratio:

Company

$

157,139

10.73

%

$

58,562

4.00

%

$

—

N.A

%

Bank

162,822

11.18

58,280

4.00

72,850

5.00