2.4.0.8012 - Disclosure - Note 6 - Regulatory Agreementtruefalsefalse1false falsefalsec2_From1Apr2013To30Jun2013http://www.sec.gov/CIK0001382413duration2013-04-01T00:00:002013-06-30T00:00:001true 1us-gaap_DisclosureTextBlockSupplementAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Disclosure Text Block Supplement [Abstract]2false 2us-gaap_LegalMattersAndContingenciesTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00 (6)             Regulatory Agreement       On December 17, 2012, the Bank received a formal written agreement (the “Agreement”) with the Office of the Comptroller of the Currency (the “OCC”) dated November 21, 2012.  The Agreement supersedes and terminates the Order to Cease and Desist entered into by and between the Bank and the Office of Thrift Supervision on March 17, 2010. The Agreement requires the Bank to take the following actions: <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3232" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> prepare a three-year strategic plan that establishes objectives for the Bank’s overall risk profile, earnings performance, growth, balance sheet mix, liability structure, reduction in the volume of nonperforming assets, and product line development; </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3237" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> prepare a capital plan that includes specific proposals related to the maintenance of adequate capital, identifies strategies to strengthen capital if necessary and includes detailed quarterly financial projections.  If the OCC determines that the Bank has failed to submit an acceptable capital plan or fails to implement or adhere to its capital plan, then the OCC may require the Bank to develop a contingency capital plan detailing the Bank’s proposal to sell, merge or liquidate the Bank; </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3242" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> prepare a criticized asset plan that will include strategies, targets and timeframes to reduce the Bank’s level of criticized assets; </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3246" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> implement a plan to improve the Bank’s credit risk management and credit administration practices; </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3251" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> implement programs and policies related to the Bank’s allowance for loan and lease losses, liquidity risk management, independent loan review and other real estate owned; </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3256" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> review the capabilities of the Bank’s management to perform present and anticipated duties and to recommend and implement any changes based on such assessment; </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3261" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> not pay any dividends or make any other capital distributions without the prior written approval of the OCC; </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3266" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> not make any severance or indemnification payments without complying with regulatory requirements regarding such payments; and </td> </tr> </table> <table style="TEXT-INDENT: 0px; WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="MTAB3271" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="WIDTH: 36pt">   </td> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> ● </td> <td style="VERTICAL-ALIGN: top"> comply with prior regulatory notification requirements for any changes in directors or senior executive officers. </td> </tr> </table> The Agreement will remain in effect until terminated, modified, or suspended in writing by the OCC. The Agreement does not require the Bank to maintain any specific minimum regulatory capital ratios. However, in connection with its most recent examination, the OCC established higher individual minimum capital ratios for the Bank. Specifically, the Bank must maintain a Tier 1 capital to adjusted total assets ratio of at least 8%, a Tier 1 capital to risk-weighted assets ratio of at least 12% and a total capital to risk-weighted assets ratio of at least 13%. The Bank's ratios of Tier 1 capital to adjusted total assets, Tier 1 capital to risk-weighted assets and total capital to risk-weighted assets at June 30, 2013 were 8.00%, 14.08% and 15.33%, respectively. The Bank continues to work with its borrowers where possible and is pursuing legal action where the ability to work with the borrower does not exist.  As of June 30, 2013, the Bank has entered into formal forbearance agreements with four relationships totaling $850 thousand that require current payments while the borrowers restructure their finances. falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for legal proceedings, legal contingencies, litigation, regulatory and environmental matters and other contingencies.No definition available.false0Legal Matters and Contingencies [Text Block]falseNote 6 - Regulatory AgreementUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://delancofsb.com/role/Note6RegulatoryAgreement12