Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2024

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 December 31, 2024 and December 31, 2023 in the tables below:


	Actual				Minimum Capital for Capital Adequacy Purposes(1)				Minimum Capital to be Well-Capitalized(2)
(Dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
As of December 31, 2024
The Company
Total Capital to risk-weighted assets	$	546,283	13.06	%	$	334,522	8.00	%	N/A		N/A
Tier 1 Capital to risk-weighted assets	434,006		10.38	%	250,892		6.00	%	N/A		N/A
Tier 1 Capital to average assets (or Leverage Ratio)	434,006		8.94	%	194,242		4.00	%	N/A		N/A
Common Equity Tier 1 Capital to risk-weighted assets	434,006		10.38	%	188,169		4.50	%	N/A		N/A

The Bank
Total Capital to risk-weighted assets	$	544,937	13.03	%	$	334,522	8.00	%	$	418,153	10.00	%
Tier 1 Capital to risk-weighted assets	492,475		11.78	%	250,892		6.00	%	334,522		8.00	%
Tier 1 Capital to average assets (or Leverage Ratio)	492,475		10.14	%	194,242		4.00	%	242,802		5.00	%
Common Equity Tier 1 Capital to risk-weighted assets	492,475		11.78	%	188,169		4.50	%	271,799		6.50	%


	Actual				Minimum Capital for Capital Adequacy Purposes(1)				Minimum Capital to be Well-Capitalized(2)
(Dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
As of December 31, 2023
The Company
Total Capital to risk-weighted assets	$	511,692	13.12	%	$	312,035	8.00	%	N/A		N/A
Tier 1 Capital to risk-weighted assets	403,224		10.34	%	234,026		6.00	%	N/A		N/A
Tier 1 Capital to average assets (or Leverage Ratio)	403,224		8.74	%	184,471		4.00	%	N/A		N/A
Common Equity Tier 1 Capital to risk-weighted assets	403,224		10.34	%	175,520		4.50	%	N/A		N/A

The Bank
Total Capital to risk-weighted assets	$	510,645	13.09	%	$	312,035	8.00	%	$	390,044	10.00	%
Tier 1 Capital to risk-weighted assets	461,675		11.84	%	234,026		6.00	%	312,035		8.00	%
Tier 1 Capital to average assets (or Leverage Ratio)	461,675		10.01	%	184,471		4.00	%	230,589		5.00	%
Common Equity Tier 1 Capital to risk-weighted assets	461,675		11.84	%	175,520		4.50	%	253,528		6.50	%

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(1) Before application of the capital conservation buffer of 2.50%. 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.

Schedule of Basel III Minimum Requirements at Full Phase In

The Basel III minimum capital ratio requirements as applicable to the Company and the Bank with the capital conservation buffer are summarized in the table below:


	Basel III Minimum for Capital Adequacy Purposes	Basel III Additional Capital Conservation Buffer	Basel III "Adequate" Ratio with Capital Conservation Buffer
Total Capital to RWA	8.00%	2.50%	10.50%
Tier 1 Capital to RWA	6.00%	2.50%	8.50%
Tier 1 Capital to AA, or Leverage Ratio	4.00%	N/A	4.00%
Common equity tier 1 capital to RWA	4.50%	2.50%	7.00%