REGULATORY CAPITAL MATTERS (Tables)

3 Months Ended

Mar. 31, 2021

REGULATORY CAPITAL MATTERS

Schedule of actual and required capital ratios

The following presents the actual and required capital amounts and ratios as of March 31, 2021 and December 31, 2020 (dollars in thousands):

									To be Well Capitalized
									Under Prompt
					Required for Capital				Corrective Action
	Actual				Adequacy Purposes(1)				Regulations
March 31, 2021	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 capital to risk-weighted assets
Bank	$	141,027	10.60	%	$	79,844	6.0	%	$	106,458	8.0	%
Consolidated		138,067	10.31			N/A	N/A			N/A	N/A
CET1 to risk-weighted assets
Bank		141,027	10.60			59,883	4.5			86,497	6.5
Consolidated		138,067	10.31			N/A	N/A			N/A	N/A
Total capital to risk-weighted assets
Bank		153,929	11.57			106,458	8.0			133,073	10.0
Consolidated		175,528	13.11			N/A	N/A			N/A	N/A
Tier 1 capital to average assets
Bank		141,027	7.53			74,885	4.0			93,607	5.0
Consolidated	$	138,067	7.35	%	$	N/A	N/A	%	$	N/A	N/A	%

									To be Well Capitalized
									Under Prompt
					Required for Capital				Corrective Action
	Actual				Adequacy Purposes(1)				Regulations
December 31, 2020	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 capital to risk-weighted assets
Bank	$	133,963	10.22	%	$	78,660	6.0	%	$	104,880	8.0	%
Consolidated		131,507	9.96			N/A	N/A			N/A	N/A
CET1 to risk-weighted assets
Bank		133,963	10.22			58,995	4.5			85,215	6.5
Consolidated		131,507	9.96			N/A	N/A			N/A	N/A
Total capital to risk-weighted assets
Bank		146,853	11.20			104,880	8.0			131,100	10.0
Consolidated		168,957	12.80			N/A	N/A			N/A	N/A
Tier 1 capital to average assets
Bank		133,963	7.62			70,301	4.0			87,877	5.0
Consolidated	$	131,507	7.45	%	$	N/A	N/A	%	$	N/A	N/A	%

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⁽¹⁾ Does not include capital conservation buffer.