Regulatory Capital

6 Months Ended

Jun. 30, 2016

Regulatory Capital

Regulatory Capital

(4) Regulatory Capital. The Bank is required to maintain certain minimum regulatory capital requirements. The following is a summary at June 30, 2016 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		7.54	%		8.00	%
Tier I capital to risk-weighted assets		10.84	%		N/A
Common equity Tier I capital to risk-weighted assets		10.84	%		N/A
Total capital to risk-weighted assets		12.14	%		12.00	%

At June 30, 2016, the Bank is well-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.