Shareholders' Equity and Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2021

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, net of deferred taxes (benefit) of $(198,000) and $114,000 as of December 31, 2021 and 2020, respectively (in thousands):

	Year Ended December 31,
	2021		2020
Net unrealized gains (losses) on securities	$	(717)	$	466
Net unrecognized losses on defined benefit plan		(27)		(36)
Total accumulated other comprehensive income (loss)	$	(744)	$	430

Schedule of capital amounts and ratios

The capital amounts and ratios at December 31, 2021 and 2020 for the Bank are presented in the table below (dollars in thousands):

					For Capital
					Requirements
	Actual				Including Conservation Buffer (1)				To be Well Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
December 31, 2021
Total capital (to risk- weighted assets) Village Bank	$	77,547	14.66	%	$	55,558	10.50	%	$	52,912	10.00	%
Tier 1 capital (to risk- weighted assets) Village Bank		74,124	14.01	%		44,975	8.50	%		42,330	8.00	%
Leverage ratio (Tier 1 capital to average assets) Village Bank		74,124	9.86	%		30,068	4.00	%		37,585	5.00	%
Common equity tier 1 (to risk- weighted assets) Village Bank		74,124	14.01	%		37,038	7.00	%		34,393	6.50	%
December 31, 2020
Total capital (to risk- weighted assets) Village Bank	$	65,723	14.20	%	$	45,582	10.50	%	$	46,269	10.00	%
Tier 1 capital (to risk- weighted assets) Village Bank		61,753	13.35	%		39,329	8.50	%		37,015	8.00	%
Leverage ratio (Tier 1 capital to average assets) Village Bank		61,753	9.28	%		26,607	4.00	%		33,259	5.00	%
Common equity tier 1 (to risk- weighted assets) Village Bank		61,753	13.35	%		32,388	7.00	%		30,075	6.50	%
(1) Basel III Capital Rules require banking organizations to maintain a minimum CETI ratio of 4.5%, plus a 2.5% capital conservation buffer; a minimum Tier 1 capital ratio of 6%, plus a 2.5% capital conservation buffer; a minimum, total risk-based capital ratio of 8%, plus a 2.5% conservation buffer; and a minimum Tier leverage ratio of 4.0%