Shareholders' Equity and Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2020

Shareholders' Equity and Regulatory Matters

Schedule of accumulated other comprehensive income (loss)

The following table presents the cumulative balances of the components of accumulated other comprehensive income (loss), net of deferred taxes of $116,000 and $38,000 as of March 31, 2020 and December 31, 2019, respectively (in thousands):

	March 31,		December 31,
	2020		2019
Net unrealized  gains on securities	$	480	$	186
Net unrecognized losses on defined benefit plan		(42)		(44)
Total accumulated other comprehensive income	$	438	$	142

Schedule of capital amounts and ratios

The capital amounts and ratios at March 31, 2020 and December 31, 2019 for the Bank are presented in the table below (dollars in thousands):

					For Capital
	Actual				Adequacy Purposes				To be Well Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
March 31, 2020
Total capital (to risk-weighted assets) Village Bank	$	57,746	12.62	%	$	36,620	8.00	%	$	45,775	10.00	%
Tier 1 capital (to risk-weighted assets) Village Bank		54,302	11.86	%		27,465	6.00	%		36,620	8.00	%
Leverage ratio (Tier 1 capital to average assets) Village Bank		54,302	10.10	%		21,515	4.00	%		26,894	5.00	%
Common equity tier 1 (to risk-weighted assets) Village Bank		54,302	11.86	%		20,599	4.50	%		29,754	6.50	%
December 31, 2019
Total capital (to risk-weighted assets) Village Bank	$	54,653	12.56	%	$	34,807	8.00	%	$	43,508	10.00	%
Tier 1 capital (to risk-weighted assets) Village Bank		52,867	12.15	%		26,015	6.00	%		34,807	8.00	%
Leverage ratio (Tier 1 capital to average assets) Village Bank		52,867	9.69	%		21,823	4.00	%		27,278	5.00	%
Common equity tier 1 (to risk-weighted assets) Village Bank		52,867	12.15	%		19,579	4.50	%		28,280	6.50	%