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Regulatory Matters (Tables) | 6 Months Ended
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Jun. 30, 2021
Regulatory Matters [Abstract] |
Actual and Required Capital Amounts and Ratios | Actual and required capital amounts and ratios as of the periods indicated are presented below.
|  | Actual |  |  | Minimum Capital Requirements |  |  | Minimum Required to Be Well Capitalized Under Prompt Corrective Action Provisions |
|  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
|  | (Dollars in thousands) |
June 30, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Community Bank Leverage Ratio (1) |  | $ | 97,639 |  |  |  | 10.10 | % |  | $ |  |  |  |  |  |  |  | $ | 82,171 |  |  |  | 8.50 | %
December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tier 1 (Leverage) |  | $ | 46,565 |  |  |  | 9.54 | % |  | $ | 19,530 |  |  |  | 4.00 | % |  | $ | 24,413 |  |  |  | 5.00 | %
Common Equity Tier 1 |  | $ | 46,565 |  |  |  | 18.95 | % |  | $ | 11,059 |  |  |  | 4.50 | % |  | $ | 15,975 |  |  |  | 6.50 | %
Tier 1 |  | $ | 46,565 |  |  |  | 18.95 | % |  | $ | 14,746 |  |  |  | 6.00 | % |  | $ | 19,661 |  |  |  | 8.00 | %
Total Capital |  | $ | 49,802 |  |  |  | 20.20 | % |  | $ | 19,661 |  |  |  | 8.00 | % |  | $ | 24,577 |  |  |  | 10.00 | %
(1) | At the Merger on April 1, 2021, the Company’s former subsidiary, Broadway Federal Bank, f.s.b., was merged into City First Bank of D.C, N. A., with City First Bank of D.C, N.A. as the surviving entity and the resultant bank being named City First Bank, National Association, which had elected to adopt Community Bank Leverage Ratio option on April 1, 2020 as reflected in its June 30, 2020 Call Report.

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- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -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 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
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