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Regulatory Capital Requirements (Tables)
9 Months Ended
Sep. 30, 2018
Banking and Thrift [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements for Mortgage Companies

The following is a comparison of the Company’s regulatory capital to minimum capital requirements at September 30, 2018 and December 31, 2017:

 

(Dollars in thousands)               For capital  
    Actual     adequacy purposes  
    Amount     Ratio     Amount     Ratio (1)  
As of September 30, 2018                                
Leverage   $ 97,224       10.22 %   $ 38,036       4.0 %
Common Equity Tier 1 Capital     76,241       12.97 %     37,460       6.4 %
Tier 1 Capital     97,224       16.55 %     46,274       7.9 %
Total Risk Based Capital     103,253       17.57 %     58,026       9.9 %
                                 
As of December 31, 2017                                
Leverage   $ 88,605       9.80 %   $ 36,180       4.0 %
Common Equity Tier 1 Capital     68,269       12.83 %     30,590       5.8 %
Tier 1 Capital     88,605       16.65 %     38,571       7.3 %
Total Risk Based Capital     94,208       17.71 %     49,211       9.3 %

 

  (1) The required ratios for capital adequacy purposes include a capital conservation buffer of 1.875% for September 30, 2018 and 1.25% for December 31, 2017

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, 2018 and December 31, 2017:

 

                            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, 2018                                                
Leverage   $ 95,263       10.05 %   $ 37,927       4.0 %   $ 47,408       5.0 %
Common Equity Tier 1 Capital     95,263       16.24 %     37,395       6.4 %     38,129       6.5 %
Tier 1 Capital     95,263       16.24 %     46,194       7.9 %     46,928       8.0 %
Total Risk Based Capital     101,292       17.27 %     57,926       9.9 %     58,659       10.0 %
                                                 
As of December 31, 2017                                                
Leverage   $ 86,808       9.62 %   $ 36,097       4.0 %   $ 45,122       5.0 %
Common Equity Tier 1 Capital     86,808       16.35 %     30,529       5.8 %     34,511       6.5 %
Tier 1 Capital     86,808       16.35 %     38,493       7.3 %     42,475       8.0 %
Total Risk Based Capital     92,407       17.40 %     49,112       9.3 %     53,094       10.0 %

 

(1) The required ratios for capital adequacy purposes include a capital conservation buffer of 1.875% for September 30, 2018 and 1.25% for December 31, 2017.