Capital Requirements

Actual

Minimum

Minimum with Capital Buffer

Well Capitalized

(dollars in thousands)

Amount

Ratio

Amount

Ratio

Amount

Ratio

Amount

Ratio

March 31, 2016

The Company:

Tier 1 Leverage Capital (to Average Assets)

$

60,086

9.80

%

$

24,531

4.00

%

N/A

Common Equity Tier 1 Capital (to Risk Weighted Assets)

52,086

10.03

%

23,361

4.50

%

N/A

Tier 1 Capital (to Risk Weighted Assets)

60,086

11.57

%

31,148

6.00

%

N/A

Total Capital (to Risk Weighted Assets)

65,341

12.59

%

41,531

8.00

%

N/A

The Bank:

Tier 1 Leverage Capital (to Average Assets)

$

61,027

9.95

%

$

24,544

4.00

%

N/A

$

30,679

5.00

%

Common Equity Tier 1 Capital (to Risk Weighted Assets)

61,027

11.79

%

23,296

4.50

%

26,531

5.125

%

33,649

6.50

%

Tier 1 Capital (to Risk Weighted Assets)

61,027

11.79

%

31,061

6.00

%

34,296

6.625

%

41,414

8.00

%

Total Capital (to Risk Weighted Assets)

66,282

12.80

%

41,414

8.00

%

44,650

8.625

%

51,768

10.00

%

December 31, 2015

The Company:

Total Capital (to Risk Weighted Assets)

$

59,595

9.77

%

$

24,401

4.00

%

N/A

Common Equity Tier 1 Capital (to Risk Weighted Assets)

51,595

10.04

%

23,119

4.50

%

N/A

Tier 1 Capital (to Risk Weighted Assets)

59,595

11.60

%

30,826

6.00

%

N/A

Tier 1 Capital (to Average Assets)

64,845

12.62

%

41,101

8.00

%

N/A

The Bank:

Total Capital (to Risk Weighted Assets)

$

59,958

9.83

%

$

24,393

4.00

%

N/A

$

30,491

5.00

%

Common Equity Tier 1 Capital (to Risk Weighted Assets)

59,958

11.72

%

23,029

4.50

%

N/A

33,265

6.50

%

Tier 1 Capital (to Risk Weighted Assets)

59,958

11.72

%

30,706

6.00

%

N/A

40,941

8.00

%

Tier 1 Capital (to Average Assets)

65,207

12.74

%

40,941

8.00

%

N/A

51,177

10.00

%