Capital Requirements (Tables)

9 Months Ended

Sep. 30, 2013

Comparison of Capital of Company & Bank with Minimum Regulatory Guidelines

A comparison of the capital of the Company and the Bank at September 30, 2013 and December 31, 2012 with the minimum regulatory guidelines were as follows:


											Minimum
						(dollars in thousands)					To Be Well
											Capitalized Under
						Minimum Capital					Prompt Corrective
	Actual					Requirement					Action Provisions
	Amount		Ratio			Amount		Ratio			Amount		Ratio
September 30, 2013:
Total Capital (to Risk Weighted Assets):
Consolidated	$	61,565		16.57	%	$	29,732		8.00	%		N/A		N/A
First Bank	$	55,397		14.92	%	$	29,695		8.00	%	$	37,118		10.00	%
Tier 1 Capital (to Risk Weighted Assets):
Consolidated	$	56,830		15.29	%	$	14,866		4.00	%		N/A		N/A
First Bank	$	50,668		13.65	%	$	14,847		4.00	%	$	22,271		6.00	%
Tier 1 Capital (to Average Assets):
Consolidated	$	56,830		10.61	%	$	21,431		4.00	%		N/A		N/A
First Bank	$	50,668		9.46	%	$	21,415		4.00	%	$	26,769		5.00	%
December 31, 2012:
Total Capital (to Risk Weighted Assets):
Consolidated	$	59,876		15.34	%	$	31,220		8.00	%		N/A		N/A
First Bank	$	52,980		13.59	%	$	31,197		8.00	%	$	38,996		10.00	%
Tier 1 Capital (to Risk Weighted Assets):
Consolidated	$	54,897		14.07	%	$	15,610		4.00	%		N/A		N/A
First Bank	$	48,004		12.31	%	$	15,599		4.00	%	$	23,398		6.00	%
Tier 1 Capital (to Average Assets):
Consolidated	$	54,897		10.47	%	$	20,971		4.00	%		N/A		N/A
First Bank	$	48,004		9.15	%	$	20,974		4.00	%	$	26,218		5.00	%

- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

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