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Regulatory Capital Requirements | 12 Months Ended
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Dec. 31, 2015
Banking and Thrift [Abstract] |
Regulatory Capital Requirements under Banking Regulations [Text Block] | (19) Regulatory Capital Requirements Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. Management believed as of December 31, 2015, the Company and Bank met all capital adequacy requirements to which they were subject at that time. Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. On January 1, 2015, the Company and the Bank became subject to new capital rules (the “Basel III Rule”) that implemented the Basel III regulatory capital reforms from the Basel Committee on Banking Supervision and certain changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Basel III Rule is applicable to all U.S. banks that are subject to minimum capital requirements, as well as to bank and savings and loan holding companies other than “small bank holding companies” (generally, non-public bank holding companies with consolidated assets of less than $1.0 billion). The Basel III Rule has maintained the general structure of the prompt corrective action framework, while incorporating increased requirements. The Basel III Rule includes a new common equity Tier 1 capital to risk-weighted assets minimum ratio of 4.5%, raises the minimum ratio of Tier 1 capital to risk-weighted assets from 4.0% to 6.0%, continues to require a minimum ratio of Total Capital to risk-weighted assets of 8.0%, and requires a minimum Tier 1 leverage ratio of 4.0%. A new capital conservation buffer, comprised of common equity Tier 1 capital, is also established above the regulatory minimum capital requirements. This capital conservation buffer is being phased in beginning January 1, 2016 at 0.625% of risk-weighted assets and will increase each subsequent year by an additional 0.625% until reaching its final level of 2.5% on January 1, 2019. The Basel III Rule provides banks with under $250 billion in assets with a one-time opt-out election to remove the impact of certain unrealized capital gains and losses from the calculation of capital. The Bank made the one-time accumulated other comprehensive income opt-out election on the first Call Report filed after January 1, 2015. As of December 31, 2015 and December 31, 2014, the most recent regulatory notifications categorized the Bank as well capitalized under the regulatory framework for prompt corrective action then in effect. There are no conditions or events since that notification that management believes have changed the institution’s category. The following is a comparison of the Company’s regulatory capital to minimum capital requirements in effect at December 31, 2015 and 2014:
(Dollars in thousands) |  |  |  | For capital |
|  | Actual |  | adequacy purposes |
|  | Amount |  | Ratio |  | Amount |  | Ratio |
As of December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |
Leverage |  | $ | 80,401 |  |  | 9.43 | % | $ | 34,092 |  |  | 4.0 | %
Common Equity Tier 1 Capital |  |  | 60,375 |  |  | 11.05 | % |  | 24,584 |  |  | 4.5 | %
Tier 1 Capital |  |  | 80,401 |  |  | 14.72 | % |  | 32,779 |  |  | 6.0 | %
Total Risk Based Capital |  |  | 87,214 |  |  | 15.96 | % |  | 43,706 |  |  | 8.0 | %
As of December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |
Leverage |  | $ | 67,228 |  |  | 8.06 | % | $ | 33,377 |  |  | 4.0 | %
Tier 1 Capital |  |  | 67,228 |  |  | 13.26 | % |  | 20,282 |  |  | 4.0 | %
Total Risk Based Capital |  |  | 76,864 |  |  | 15.16 | % |  | 40,563 |  |  | 8.0 | %
The following is a comparison of the Bank’s regulatory capital to minimum capital requirements in effect at December 31, 2015 and 2014:
|  |  |  |  |  |  |  | To be well-capitalized |
|  |  |  |  |  |  |  | under prompt |
(Dollars in thousands) |  |  |  | For capital |  | corrective |
|  | Actual |  | adequacy purposes |  | action provisions |
|  | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio |
As of December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leverage |  | $ | 79,857 |  |  | 9.40 | % | $ | 33,993 |  |  | 4.0 | % | $ | 42,491 |  |  | 5.0 | %
Common Equity Tier 1 Capital |  |  | 79,857 |  |  | 14.66 | % |  | 24,519 |  |  | 4.5 | % |  | 35,416 |  |  | 6.5 | %
Tier 1 Capital |  |  | 79,857 |  |  | 14.66 | % |  | 32,692 |  |  | 6.0 | % |  | 43,589 |  |  | 8.0 | %
Total Risk Based Capital |  |  | 85,929 |  |  | 15.77 | % |  | 43,589 |  |  | 8.0 | % |  | 54,486 |  |  | 10.0 | %
As of December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leverage |  | $ | 71,004 |  |  | 8.53 | % | $ | 33,298 |  |  | 4.0 | % | $ | 41,622 |  |  | 5.0 | %
Tier 1 Capital |  |  | 71,004 |  |  | 14.04 | % |  | 20,224 |  |  | 4.0 | % |  | 30,336 |  |  | 6.0 | %
Total Risk Based Capital |  |  | 76,901 |  |  | 15.21 | % |  | 40,448 |  |  | 8.0 | % |  | 50,559 |  |  | 10.0 | %

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- Definition The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958577-112826 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958572-112826 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958574-112826 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=35709795&loc=d3e65071-112826 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958569-112826 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958570-112826 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958575-112826 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958568-112826 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958573-112826 + Details
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