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Regulatory Capital Requirements (Tables)
9 Months Ended
Sep. 30, 2017
Banking and Thrift [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements for Bank Holding Companies

The following is a comparison of the Company’s regulatory capital to minimum capital requirements at September 30, 2017 and December 31, 2016:

 

(Dollars in thousands)         For capital  
    Actual     adequacy purposes  
    Amount     Ratio     Amount     Ratio (1)  
As of September 30, 2017                                
Leverage   $ 87,030       9.71 %   $ 35,851       4.0 %
Common Equity Tier 1 Capital     66,634       12.62 %     30,371       5.8 %
Tier 1 Capital     87,030       16.48 %     38,294       7.3 %
Total Risk Based Capital     92,622       17.54 %     48,858       9.3 %
                                 
As of December 31, 2016                                
Leverage   $ 88,819       10.04 %   $ 35,370       4.0 %
Common Equity Tier 1 Capital     68,263       13.32 %     26,265       5.1 %
Tier 1 Capital     88,819       17.33 %     33,952       6.6 %
Total Risk Based Capital     94,596       18.46 %     44,201       8.6 %

 

(1) The required ratios for capital adequacy purposes include a capital conservation buffer of 1.25% for September 30, 2017 and 0.625% for December 31, 2016.

Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations

The following is a comparison of the Bank’s regulatory capital to minimum capital requirements at September 30, 2017 and December 31, 2016:

 

                            To be well-capitalized  
                            under prompt  
(Dollars in thousands)         For capital     corrective  
    Actual     adequacy purposes     action provisions  
    Amount     Ratio     Amount     Ratio(1)     Amount     Ratio  
As of September 30, 2017                                                
Leverage   $ 85,800       9.58 %   $ 35,821       4.0 %   $ 44,777       5.0 %
Common Equity Tier 1 Capital     85,800       16.27 %     30,326       5.8 %     34,281       6.5 %
Tier 1 Capital     85,800       16.27 %     38,237       7.3 %     42,192       8.0 %
Total Risk Based Capital     91,319       17.31 %     48,785       9.3 %     52,740       10.0 %
                                                 
As of December 31, 2016                                                
Leverage   $ 88,076       9.98 %   $ 35,284       4.0 %   $ 44,105       5.0 %
Common Equity Tier 1 Capital     88,076       17.23 %     26,194       5.1 %     33,222       6.5 %
Tier 1 Capital     88,076       17.23 %     33,861       6.6 %     40,888       8.0 %
Total Risk Based Capital     93,560       18.31 %     44,083       8.6 %     51,110       10.0 %

 

(1) The required ratios for capital adequacy purposes include a capital conservation buffer of 1.25% for September 30, 2017 and 0.625% for December 31, 2016.