Regulatory Capital (Tables)

9 Months Ended

Sep. 30, 2023


Regulatory Capital and Ratios	Regulatory Minimum Ratio + CCB ( 1)	The Company						The Bank
(dollars in thousands)		September 30, 2023			December 31, 2022			September 30, 2023			December 31, 2022
		(As Restated)						(As Restated)
Common equity		$	501,578		$	364,285		$	562,788		$	395,594
Goodwill		(63,266)			(63,266)			(63,266)			(63,266)
Core deposit intangible (3)		(37,507)			(5,547)			(37,507)			(5,547)
DTAs that arise from net operating loss and tax credit carry forwards		(11,959)			—			(9,566)			—
AOCI (gains) losses		10,109			9,021			10,109			9,021
Common Equity Tier 1 Capital		398,955			304,493			462,558			335,802
TRUPs		29,079			18,398			—			—
Tier 1 Capital		428,034			322,891			462,558			335,802
Allowable reserve for credit losses and other Tier 2 adjustments		58,190			16,855			58,190			16,855
Subordinated notes		42,956			24,674			—			—
Total Capital		$	529,180		$	364,420		$	520,748		$	352,657

Risk-Weighted Assets ("RWA")		$	4,701,443		$	2,619,400		$	4,697,220		$	2,618,939
Average Assets ("AA")		$	5,671,496		$	3,390,516		$	5,658,990		$	3,386,771


Common Tier 1 Capital to RWA	7.00%	8.49		%	11.62		%	9.85		%	12.82		%
Tier 1 Capital to RWA	8.50%	9.10		%	12.33		%	9.85		%	12.82		%
Total Capital to RWA	10.50%	11.26		%	13.91		%	11.09		%	13.47		%
Tier 1 Capital to AA (Leverage) (2)	n/a	7.55		%	9.52		%	8.17		%	9.92		%

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(1)The regulatory minimum capital ratio ("Min. Ratio") + the capital conservation buffer ("CCB").

(2)Tier 1 Capital to AA (Leverage) has no capital conservation buffer defined. The PCA well capitalized is defined as 5.00%.

(3)Core deposit intangible at September 30, 2023 is net of deferred tax liability.