REGULATORY CAPITAL MATTERS (Tables)

9 Months Ended

Sep. 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 September 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
September 30, 2021	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 capital to risk-weighted assets
Bank	$	156,136	11.02	%	$	85,019	6.0	%	$	113,359	8.0	%
Consolidated		151,950	10.66			N/A	N/A			N/A	N/A
CET1 to risk-weighted assets
Bank		156,136	11.02			63,764	4.5			92,104	6.5
Consolidated		151,950	10.66			N/A	N/A			N/A	N/A
Total capital to risk-weighted assets
Bank		169,435	11.96			113,359	8.0			141,699	10.0
Consolidated		204,809	14.37			N/A	N/A			N/A	N/A
Tier 1 capital to average assets
Bank		156,136	8.11			77,047	4.0			96,308	5.0
Consolidated		151,950	7.86			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.