XML 41 R32.htm IDEA: XBRL DOCUMENT v3.22.1
Regulatory Capital Requirements (Tables)
3 Months Ended
Mar. 31, 2022
Compliance with Regulatory Capital Requirements under Banking Regulations [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The Company's and the Bank's actual capital amounts and ratios are presented as of March 31, 2022, and December 31, 2021 in the tables below:
 Actual
Minimum Capital
for Capital
Adequacy
Purposes(1)
Minimum Capital
to be
Well
Capitalized(2)
(Dollars in thousands)AmountRatioAmountRatioAmountRatio
As of March 31, 2022      
The Company      
Total Capital to risk-weighted assets ("RWA")$444,858 13.72 %$259,367 8.00 %N/AN/A
Tier 1 Capital to RWA345,183 10.65 %194,526 6.00 %N/AN/A
Tier 1 Capital to average assets ("AA") or Leverage Ratio345,183 7.83 %176,248 4.00 %N/AN/A
Common Equity Tier 1 Capital to RWA345,183 10.65 %145,894 4.50 %N/AN/A
The Bank      
Total Capital to RWA$445,265 13.73 %$259,367 8.00 %$324,209 10.00 %
Tier 1 Capital to RWA404,599 12.48 %194,526 6.00 %259,367 8.00 %
Tier 1 Capital to AA, Leverage Ratio404,599 9.18 %176,248 4.00 %220,310 5.00 %
Common Equity Tier 1 Capital to RWA404,599 12.48 %145,894 4.50 %210,736 6.50 %
 Actual
Minimum Capital
for Capital
Adequacy
Purposes
(1)
Minimum Capital
to be
Well
Capitalized(2)
(Dollars in thousands)AmountRatioAmountRatioAmountRatio
As of December 31, 2021      
The Company      
Total Capital to RWA$435,328 13.73 %$253,610 8.00 %N/AN/A
Tier 1 Capital to RWA336,577 10.62 %190,208 6.00 %N/AN/A
Tier 1 Capital to AA, Leverage Ratio336,577 7.56 %177,978 4.00 %N/AN/A
Common Equity Tier 1 Capital to RWA336,577 10.62 %142,656 4.50 %N/AN/A
The Bank      
Total Capital to RWA$434,430 13.70 %$253,610 8.00 %$317,013 10.00 %
Tier 1 Capital to RWA394,658 12.45 %190,208 6.00 %253,610 8.00 %
Tier 1 Capital to AA, Leverage Ratio394,658 8.87 %177,978 4.00 %222,473 5.00 %
Common Equity Tier 1 Capital to RWA394,658 12.45 %142,656 4.50 %206,058 6.50 %
__________________________________________
(1)Before application of the capital conservation buffer of 2.50% as of March 31, 2022, and December 31, 2021. See discussion      below.
(2)For the Bank to qualify as "well-capitalized," it must maintain at least the minimum ratios listed under the regulatory prompt corrective action framework. This framework does not apply to the Company.