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Regulatory Restrictions and Capital Ratios | 12 Months Ended
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Dec. 31, 2019
Regulatory Capital Requirements [Abstract] |
Regulatory Capital Requirements under Banking Regulations [Text Block] | NOTE 17: REGULATORY RESTRICTIONS AND CAPITAL RATIOS As required by the Economic Growth, Regulatory Relief, and Consumer Protection Act in August 2018, the Federal Reserve Board issued an interim final rule that expanded applicability of the Board’s small bank holding company policy statement. The interim final rule raised the policy statement’s asset threshold from $1 billion to $3 billion in total consolidated assets for a bank holding company or savings and loan holding company that: (1) is not eng aged in significant nonbanking activities; (2) does not conduct significant off-balance sheet activities; and (3) does not have a material amount of debt or equity securities, other than trust-preferred securities, outstanding. The interim final rule provi des that, if warranted for supervisory purposes, the Federal Reserve may exclude a company from the threshold increase. Management believes the Company meets the conditions of the Federal Reserve’s small bank holding company policy statement and is therefo re excluded from consolidated capital requirements at December 31, 2019. The Bank remains subject to regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory - and possibly additional discretionary - actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, th e Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. As of December 31, 2019, the Bank is “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized,” the Bank must maintain minimum common equity Tier 1, total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table. Management has not received any notification from the Bank's regulators that changes the Bank’s regulatory capit al status. The actual capital amounts and ratios and the aforementioned minimums as of December 31, 2019 and 2018 are presented below.
|  |  |  |  |  |  |  | Minimum for capital |  | Minimum to be
|  | Actual |  | adequacy purposes |  | well capitalized
(Dollars in thousands) |  | Amount |  | Ratio |  |  |  | Amount |  | Ratio |  |  |  | Amount |  | Ratio |
At December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tier 1 Leverage Capital | $ | 92,778 |  | 11.23 | % |  | $ | 33,043 |  | 4.00 | % |  | $ | 41,303 |  | 5.00 | %
Common Equity Tier 1 Capital | $ | 92,778 |  | 17.28 | % |  | $ | 24,162 |  | 4.50 | % |  | $ | 34,901 |  | 6.50 | %
Tier 1 Risk-Based Capital | $ | 92,778 |  | 17.28 | % |  | $ | 32,216 |  | 6.00 | % |  | $ | 42,955 |  | 8.00 | %
Total Risk-Based Capital | $ | 97,291 |  | 18.12 | % |  | $ | 42,955 |  | 8.00 | % |  | $ | 53,693 |  | 10.00 | %
At December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tier 1 Leverage Capital | $ | 91,719 |  | 11.33 | % |  | $ | 32,368 |  | 4.00 | % |  | $ | 40,461 |  | 5.00 | %
Common Equity Tier 1 Capital | $ | 91,719 |  | 16.49 | % |  | $ | 25,031 |  | 4.50 | % |  | $ | 36,156 |  | 6.50 | %
Tier 1 Risk-Based Capital | $ | 91,719 |  | 16.49 | % |  | $ | 33,375 |  | 6.00 | % |  | $ | 44,500 |  | 8.00 | %
Total Risk-Based Capital | $ | 96,661 |  | 17.38 | % |  | $ | 44,500 |  | 8.00 | % |  | $ | 55,625 |  | 10.00 | %
Dividends paid by the Bank are a principal source of funds available to the Company for payment of dividends to its stockholders and for other needs. Applicable federal and state statutes and regulations impose restrictions on the amounts of dividends that may be declared by the subsidiary bank. State law and Federal Reserve policy restrict the Bank from declaring dividends in excess of the sum of the current year’s earnings plus the retained net earnings from the preceding two years without prior appro val. In addition to the formal statutes and regulations, regulatory authorities also consider the adequacy of the Bank’s total capital in relation to its assets, deposits, and other such items. Capital adequacy considerations could further limit the availa bility of dividends from the Bank. At December 31, 2019, the Bank could have declared additional dividends of approximately $8.0 million without prior approval of regulatory authorities. As a result of this limitation, approximately $86.8 million of th e Company’s investment in the Bank was restricted from transfer in the form of dividends.

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- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958572-112826 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958573-112826 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958569-112826 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958577-112826 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958575-112826 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958574-112826 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826 + Details
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