REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2019

Regulatory Matters [Abstract]

Schedule of capital amounts and ratios for southern national and sonabank

The capital amounts and ratios for Sonabank at year end are presented in the following table (in thousands):

					Required
					For Capital				To Be Categorized as
	Actual				Adequacy Purposes (1)				Well Capitalized (2)
	Amount		Ratio		Amount		Ratio		Amount		Ratio
December 31, 2019
Sonabank
Common equity tier 1 capital ratio	$	313,354	14.81	%	$	95,229	4.50	%	$	137,553	6.50	%
Tier 1 risk-based capital ratio		313,354	14.81	%		126,972	6.00	%		169,296	8.00	%
Total risk-based capital ratio		323,615	15.29	%		169,296	8.00	%		211,619	10.00	%
Leverage ratio		313,354	12.07	%		103,838	4.00	%		105,810	5.00	%
December 31, 2018
Sonabank
Common equity tier 1 capital ratio	$	288,018	13.64	%	$	95,020	4.50	%	$	137,251	6.50	%
Tier 1 risk-based capital ratio		288,018	13.64	%		126,693	6.00	%		168,924	8.00	%
Total risk-based capital ratio		300,301	14.22	%		168,924	8.00	%		211,156	10.00	%
Leverage ratio		288,018	11.03	%		104,420	4.00	%		105,578	5.00	%

(1) Once fully phased-in on January 1, 2019, the Basel III capital rules included a capital conservation buffer of 2.5% that was added on top of each of the minimum risk-based capital ratios noted above. Implementation began on January 1, 2016 at the 0.625% level and increased each subsequent January 1, until it reached 2.5% on January 1, 2019.

(2) PCA provisions are not applicable at the bank holding company level.