NOTE 9 - SHAREHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2021

Equity [Abstract]

Actual regulatory capital position and minimum capital requirements

The Bank's risk-weighted assets at March 31, 2021 and December 31, 2020 were $967.6 million and $938.0 million, respectively. Actual regulatory capital position and minimum capital requirements as defined "To Be Well Capitalized Under Prompt Corrective Action Provisions" and "For Capital Adequacy Purposes" for the Bank are as follows:

	Actual					Minimum Capital Required For Capital Adequacy					Minimum Capital Required For Capital Adequacy Plus Required Capital Conservation Buffer					Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
March 31, 2021
Total Capital (to risk-weighted assets)	$	141,113		14.58	%	$	77,405		8.0	%	$	101,594		10.5	%	$	96,756		10.0	%
Tier 1 Capital (to risk-weighted assets)		128,995		13.33			58,054		6.0			82,243		8.5			77,405		8.0
Common Equity Tier 1 Capital (to risk-weighted assets)		128,995		13.33			43,540		4.5			67,729		7.0			62,892		6.5
Tier 1 Capital (to average assets)	$	128,995		9.83		$	52,480		4.0		$	52,480		4.0		$	65,601		5.0
December 31, 2020
Total Capital (to risk-weighted assets)	$	127,254		13.57	%	$	75,037		8.0	%	$	98,486		10.5	%	$	93,796		10.0	%
Tier 1 Capital (to risk-weighted assets)		115,503		12.31			56,278		6.0			79,727		8.5			75,037		8.0
Common Equity Tier 1 Capital (to risk-weighted assets)		115,503		12.31			42,208		4.5			66,657		7.0			60,967		6.5
Tier 1 Capital (to average assets)	$	115,503		8.90		$	51,907		4.0		$	51,907		4.0		$	64,884		5.0