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Regulatory Matters
 12 Months Ended
Dec. 31, 2012
Regulatory Matters [Abstract]  
Regulatory Matters

Note 18. Regulatory Matters

The Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Prompt corrective action provisions are not applicable to bank holding companies.

Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the following table) of total (as defined in the regulations) and Tier 1 capital (as defined) to risk-weighted assets (as defined), and of Tier 1 capital to average assets. Management believes, as of December 31, 2012 and 2011, that the Company and the Bank met all capital adequacy requirements to which they are subject.

As of December 31, 2012, the most recent notification from the Federal Reserve Bank categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since that notification that management believes have changed the Bank’s category.

The Company’s and the Bank’s actual capital amounts and ratios are also presented in the following table.

 

                                                 
          (amounts in thousands)     Minimum To Be Well
Capitalized Under
Prompt Corrective
Action Provisions		  
    Actual     Minimum Capital
Requirement		    
    Amount     Ratio     Amount     Ratio     Amount     Ratio  

December 31, 2012:

                                                

Total Capital (to Risk Weighted Assets):

                                                

Company

   $ 59,876       15.34 %    $ 31,220       8.00 %      N/A       N/A  

Bank

   $ 52,980       13.59 %    $ 31,197       8.00 %    $ 38,996       10.00 % 

Tier 1 Capital (to Risk Weighted Assets):

                                                

Company

   $ 54,897       14.07 %    $ 15,610       4.00 %      N/A       N/A  

Bank

   $ 48,004       12.31 %    $ 15,599       4.00 %    $ 23,398       6.00 % 

Tier 1 Capital (to Average Assets):

                                                

Company

   $ 54,897       10.47 %    $ 20,971       4.00 %      N/A       N/A  

Bank

   $ 48,004       9.15 %    $ 20,974       4.00 %    $ 26,218       5.00 % 
             

December 31, 2011:

                                                

Total Capital (to Risk Weighted Assets):

                                                

Company

   $ 50,359       12.51 %    $ 32,192       8.00 %      N/A       N/A  

Bank

   $ 49,761       12.38 %    $ 32,154       8.00 %    $ 40,193       10.00 % 

Tier 1 Capital (to Risk Weighted Assets):

                                                

Company

   $ 45,231       11.24 %    $ 16,096       4.00 %      N/A       N/A  

Bank

   $ 44,639       11.11 %    $ 16,077       4.00 %    $ 24,116       6.00 % 

Tier 1 Capital (to Average Assets):

                                                

Company

   $ 45,231       8.45 %    $ 21,408       4.00 %      N/A       N/A  

Bank

   $ 44,639       8.30 %    $ 21,517       4.00 %    $ 26,896       5.00 %