Regulatory Capital

12 Months Ended

Dec. 31, 2014

Regulatory Capital [Abstract]

Regulatory Capital

Note 16: Regulatory Capital

The Bank is subject to various 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 Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s 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. Furthermore, the Bank’s regulators could require adjustments to regulatory capital not reflected in these financial statements.

Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and Tier I capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier I capital to average assets (as defined). Management believes, as of December 31, 2014, that the Bank met all capital adequacy requirements to which it is subject.

As of December 31, 2014, the Bank was well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier I risk-based and Tier I leverage ratios as set forth in the table and not be subject to a regulatory order, agreement, or directive to meet and maintain a specific capital level for any capital measure. There are no conditions or events since that determination that management believes have changed any category from well capitalized. 

The actual and required capital amounts and ratios of the Bank are as follows:

	Actual					Required for Adequate Capital					To Be Well Capitalized
	Amount		Ratio			Amount		Ratio			Amount		Ratio
2014
Total risk-based capital (to risk-weighted assets)	$	50,489		14.46	%	$	27,926		8.00	%	$	34,907		10.00	%
Tier I capital (to risk-weighted assets)		46,452		13.31			13,963		4.00			20,944		6.00
Tier I capital (to average assets)		46,452		9.10			20,421		4.00			25,526		5.00
2013
Total risk-based capital (to risk-weighted assets)	$	45,925		14.04	%	$	26,164		8.00	%	$	32,704		10.00	%
Tier I capital (to risk-weighted assets)		41,831		12.79			13,082		4.00			19,623		6.00
Tier I capital (to average assets)		41,831		8.69			19,265		4.00			24,082		5.00