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Regulatory Capital (Tables)
9 Months Ended
Sep. 30, 2020
Regulatory Capital  
Schedule of compliance with regulatory capital requirements under banking regulations

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 September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TO BE WELL

 

 

 

 

 

 

 

 

 

 

 

 

 

MINIMUM

 

CAPITALIZED

 

 

 

 

 

 

 

 

 

 

 

 

 

REQUIRED

 

UNDER

 

 

 

 

 

 

 

 

 

 

 

 

 

FOR

 

PROMPT

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITAL

 

CORRECTIVE

 

 

 

 

 

 

 

 

 

 

 

 

 

ADEQUACY

 

ACTION

 

 

 

COMPANY

 

BANK

 

PURPOSES

 

REGULATIONS*

 

 

    

AMOUNT

    

RATIO

    

AMOUNT

    

RATIO

    

RATIO

    

RATIO

 

 

 

(IN THOUSANDS, EXCEPT RATIOS)

 

Total Capital (To Risk Weighted Assets)

 

$

135,967

 

13.02

%  

$

122,960

 

11.80

%  

8.00

%  

10.00

%

Tier 1 Common Equity (To Risk Weighted Assets)

 

 

105,383

 

10.09

 

 

111,803

 

10.73

 

4.50

 

6.50

 

Tier 1 Capital (To Risk Weighted Assets)

 

 

117,282

 

11.23

 

 

111,803

 

10.73

 

6.00

 

8.00

 

Tier 1 Capital (To Average Assets)

 

 

117,282

 

9.39

 

 

111,803

 

9.05

 

4.00

 

5.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TO BE WELL

 

 

 

 

 

 

 

 

 

 

 

 

 

MINIMUM

 

CAPITALIZED

 

 

 

 

 

 

 

 

 

 

 

 

 

REQUIRED

 

UNDER

 

 

 

 

 

 

 

 

 

 

 

 

 

FOR

 

PROMPT

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITAL

 

CORRECTIVE

 

 

 

 

 

 

 

 

 

 

 

 

 

ADEQUACY

 

ACTION

 

 

 

COMPANY

 

BANK

 

PURPOSES

 

REGULATIONS*

 

 

    

AMOUNT

    

RATIO

    

AMOUNT

    

RATIO

    

RATIO

    

RATIO

 

 

 

(IN THOUSANDS, EXCEPT RATIOS)

 

Total Capital (To Risk Weighted Assets)

 

$

132,544

 

13.49

%  

$

119,477

 

12.23

%  

8.00

%  

10.00

%

Tier 1 Common Equity (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.