REGULATORY CAPITAL MATTERS (Tables)

6 Months Ended

Jun. 30, 2021

REGULATORY CAPITAL MATTERS

Schedule of actual and required capital ratios

The following presents the actual and required capital amounts and ratios as of June 30, 2021 and December 31, 2020 (dollars in thousands):

									To be Well Capitalized
									Under Prompt
					Required for Capital				Corrective Action
	Actual				Adequacy Purposes(1)				Regulations
June 30, 2021	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 capital to risk-weighted assets
Bank	$	148,443	11.03	%	$	80,738	6.0	%	$	107,650	8.0	%
Consolidated		144,728	10.68			N/A	N/A			N/A	N/A
CET1 to risk-weighted assets
Bank		148,443	11.03			60,553	4.5			87,466	6.5
Consolidated		144,728	10.68			N/A	N/A			N/A	N/A
Total capital to risk-weighted assets
Bank		161,335	11.99			107,650	8.0			134,563	10.0
Consolidated		182,180	13.45			N/A	N/A			N/A	N/A
Tier 1 capital to average assets
Bank		148,443	7.98			74,429	4.0			93,036	5.0
Consolidated	$	144,728	7.75	%		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.