Regulatory Capital

3 Months Ended

Mar. 31, 2015

Regulatory Capital

Regulatory Capital

(4) Regulatory Capital. The Bank is required to maintain certain minimum regulatory capital requirements. The following is a summary at March 31, 2015 of the regulatory capital requirements and the Bank’s capital on a percentage basis:

	Bank			Consent Order Regulatory Requirement
Tier I capital to total average assets		6.92	%		8.00	%
Tier I capital to risk-weighted assets		9.14	%
Common equity Tier I capital to risk-weighted assets		9.14	%
Total capital to risk-weighted assests		10.40	%		12.00	%

At March 31, 2015, the Bank is adequately capitalized. As a result of the Consent Order discussed in Note 9, the Bank cannot be categorized higher than “adequately capitalized” until the Consent Order is lifted, even if its ratios were to exceed those required to be a “well capitalized” bank.