Regulatory Matters (Tables)

9 Months Ended

Sep. 30, 2022

Regulatory Matters [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

The Company’s and the Bank’s actual capital amounts and ratios as of September 30, 2022 and December 31, 2021 are presented

in the following table:

Actual

Minimum Capital 

Required - Basel III

Required to be Considered

Well Capitalized

Amount

Ratio

Amount

Ratio

Amount

Ratio

(Dollars in thousands)

September 30, 2022

Total Capital to Risk-Weighted Assets

Consolidated

$

728,639

12.1

%

$

632,742

10.5

%

 N/A 

N/A

Bank

712,631

11.8

632,414

10.5

$

602,299

10.0

%

Tier I Capital to Risk-Weighted Assets

Consolidated

666,044

11.1

512,220

8.5

N/A

N/A

Bank

650,036

10.8

511,954

8.5

481,839

8.0

Common Equity Tier 1 to Risk-Weighted Assets

Consolidated

664,997

11.0

421,828

7.0

 N/A 

N/A

Bank

650,036

10.8

421,609

7.0

391,495

6.5

Tier I Capital to Average Assets

Consolidated

666,044

11.4

233,086

4.0

N/A

N/A

Bank

$

650,036

11.2

%

$

233,019

4.0

%

$

291,274

5.0

%

December 31, 2021

Total Capital to Risk-Weighted Assets

Consolidated

$

704,544

13.6

%

$

544,060

10.5

%

N/A

N/A

Bank

681,980

13.2

543,708

10.5

$

517,817

10.0

%

Tier I Capital to Risk-Weighted Assets

Consolidated

646,169

12.5

440,430

8.5

 N/A 

N/A

Bank

623,605

12.0

440,144

8.5

414,253

8.0

Common Equity Tier 1 to Risk-Weighted Assets

Consolidated

645,160

12.5

362,707

7.0

N/A

N/A

Bank

623,605

12.0

362,472

7.0

336,581

6.5

Tier I Capital to Average Assets

Consolidated

646,169

11.8

218,510

4.0

 N/A 

N/A

Bank

$

623,605

11.4

%

$

218,366

4.0

%

$

272,958

5.0

%