XML 107 R22.htm IDEA: XBRL DOCUMENT
v3.20.1

Regulatory Capital | 3 Months Ended
--- | ---
Mar. 31, 2020
Regulatory Capital |
Regulatory Capital | 14. Regulatory Capital The Company is subject to various capital requirements administered by the federal banking agencies. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. 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 consolidated financial statements. For a more detailed discussion see the Capital Resources section of Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A). Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total, common equity tier 1, and tier 1 capital to risk-weighted assets (as defined) and tier 1 capital to average assets. Additionally, under Basel III rules, the decision was made to opt-out of including accumulated other comprehensive income in regulatory capital. As of March 31, 2020, the Bank was categorized as “well capitalized” under the regulatory framework for prompt corrective action promulgated by the Federal Reserve. The Company believes that no conditions or events have occurred that would change this conclusion as of such date. To be categorized as well capitalized, the Bank must maintain minimum total capital, common equity tier 1 capital, tier 1 capital, and tier 1 leverage ratios as set forth in the table (in thousands, except ratios).
|  | At March 31, 2020 |
|  |  |  |  |  |  |  |  |  |  |  | MINIMUM |  | TO BE WELL |
|  |  |  |  |  |  |  |  |  |  |  | REQUIRED |  | CAPITALIZED |
|  |  |  |  |  |  |  |  |  |  |  | FOR |  | UNDER PROMPT |
|  |  |  |  |  |  |  |  |  |  |  | CAPITAL |  | CORRECTIVE |
|  |  |  |  |  |  |  |  |  |  |  | ADEQUACY |  | ACTION |
|  | COMPANY |  | BANK | PURPOSES |  | REGULATIONS* |
|  | AMOUNT |  | RATIO |  | AMOUNT |  | RATIO |  | RATIO |  | RATIO |
Total Capital (To Risk Weighted Assets) |  | $ | 133,286 |  | 13.41 | % | $ | 120,917 |  | 12.23 | % | 8.00 | % | 10.00 | %
Common Equity Tier 1 (To Risk Weighted Assets) |  |  | 103,726 |  | 10.44 |  |  | 110,766 |  | 11.20 |  | 4.50 |  | 6.50 |
Tier 1 Capital (To Risk Weighted Assets) |  |  | 115,618 |  | 11.64 |  |  | 110,766 |  | 11.20 |  | 6.00 |  | 8.00 |
Tier 1 Capital (To Average Assets) |  |  | 115,618 |  | 9.94 |  |  | 110,766 |  | 9.64 |  | 4.00 |  | 5.00 |
|  | At December 31, 2019 |
|  |  |  |  |  |  |  |  |  |  |  | MINIMUM |  | TO BE WELL |
|  |  |  |  |  |  |  |  |  |  |  | REQUIRED |  | CAPITALIZED |
|  |  |  |  |  |  |  |  |  |  |  | FOR |  | UNDER PROMPT |
|  |  |  |  |  |  |  |  |  |  |  | CAPITAL |  | CORRECTIVE |
|  |  |  |  |  |  |  |  |  |  |  | ADEQUACY |  | ACTION |
|  | COMPANY |  | BANK | PURPOSES |  | REGULATIONS* |
|  | AMOUNT |  | RATIO |  | AMOUNT |  | RATIO |  | RATIO |  | RATIO |
Total Capital (To Risk Weighted Assets) |  | $ | 132,544 |  | 13.49 | % | $ | 119,477 |  | 12.23 | % | 8.00 | % | 10.00 | %
Common Equity Tier 1 (To Risk Weighted Assets) |  |  | 102,841 |  | 10.47 |  |  | 109,173 |  | 11.17 |  | 4.50 |  | 6.50 |
Tier 1 Capital (To Risk Weighted Assets) |  |  | 114,729 |  | 11.68 |  |  | 109,173 |  | 11.17 |  | 6.00 |  | 8.00 |
Tier 1 Capital (To Average Assets) |  |  | 114,729 |  | 9.87 |  |  | 109,173 |  | 9.50 |  | 4.00 |  | 5.00 |
*Applies to the Bank only. Additionally, while not a regulatory capital ratio, the Company’s tangible common equity ratio was 7.69% (non-GAAP) at March 31, 2020. See the discussion of the tangible common equity ratio under the Balance Sheet section of the MD&A.

X
- References No definition available. + Details
Name: | srt_RegulatoryCapitalRequirementsAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration