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REGULATORY MATTERS (Tables)
 12 Months Ended
Dec. 31, 2013
Regulatory Capital Requirements [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]
As the following tables indicate, at December 31, 2013 and 2012, the Company and its Bank subsidiary both exceeded minimum regulatory capital requirements as specified in the tables below. 
 
 
 
 
 
 
 
 
 
Minimum for capital
 
 
 
Actual
 
 
adequacy purposes
 
The Company:
 
Amount
 
Ratio
 
 
Amount
 
Ratio
 
December 31, 2013:
 
(dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Capital (to Risk-Weighted Assets)
 
$
72,676
 
19.26
%
 
$
30,187
 
8.00
%
Tier 1 Capital (to Risk-Weighted Assets)
 
 
67,930
 
18.00
%
 
 
15,093
 
4.00
%
Tier 1 Capital (to Average Assets)
 
 
67,930
 
12.62
%
 
 
21,523
 
4.00
%
 
 
 
 
 
 
 
 
 
Minimum for capital
 
 
 
Actual
 
 
adequacy purposes
 
 
 
Amount
 
Ratio
 
 
Amount
 
Ratio
 
December 31, 2012:
 
(dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Capital (to Risk-Weighted Assets)
 
$
67,443
 
16.60
%
 
$
32,175
 
8.00
%
Tier 1 Capital (to Risk-Weighted Assets)
 
 
62,229
 
15.34
%
 
 
16,359
 
4.00
%
Tier 1 Capital (to Average Assets)
 
 
62,229
 
10.78
%
 
 
23,013
 
4.00
%
 
New Century Bank’s actual capital amounts and ratios are presented in the table below as of December 31, 2013 and 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Minimum to be well
 
 
 
 
 
 
 
 
 
Minimum for capital
 
 
capitalized under prompt
 
 
 
Actual
 
adequacy purposes
 
 
corrective action provisions
 
The Bank:
 
Amount
 
Ratio
 
 
Amount
 
Ratio
 
 
Amount
 
Ratio
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013:
 
 
 
 
 
 
 
(dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Capital (to Risk-Weighted Assets)
 
$
71,121
 
18.89
%
 
$
30,122
 
8.00
%
 
 
37,652
 
10.00
%
Tier 1 Capital (to Risk-Weighted Assets)
 
 
66,385
 
17.63
%
 
 
15,061
 
4.00
%
 
 
22,591
 
6.00
%
Tier 1 Capital (to Average Assets)
 
 
66,385
 
12.34
%
 
 
21,523
 
4.00
%
 
 
26,904
 
5.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Minimum to be well
 
 
 
 
 
 
 
 
 
Minimum for capital
 
 
capitalized under prompt
 
 
 
Actual
 
 
adequacy purposes
 
 
corrective action provisions
 
The Bank:
 
Amount
 
Ratio
 
 
Amount
 
Ratio
 
 
Amount
 
Ratio
 
December 31, 2012:
 
 
 
 
 
 
 
(dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Capital (to Risk-Weighted Assets)
 
$
65,917
 
16.24
%
 
$
32,584
 
8.00
%
 
$
40,733
 
10.00
%
Tier 1 Capital (to Risk-Weighted Assets)
 
 
60,791
 
14.98
%
 
 
16,294
 
4.00
%
 
 
24,440
 
6.00
%
Tier 1 Capital (to Average Assets)
 
 
60,791
 
10.52
%
 
 
22,995
 
4.00
%
 
 
28,755
 
5.00
%