Regulatory Matters (Tables)

6 Months Ended

Jun. 30, 2023

Regulatory Matters [Abstract]

Regulatory Matters

The Company’s and the Bank’s actual capital amounts and ratios as of June 30, 2023 and December 31, 2022 are presented in the

following table:

Represents the minimum capital required for capital adequacy under Basel III. Includes capital conservation buffer of

2.5

%.

Actual

Required to be Considered 

Well Capitalized

Required to be Considered

Adequately Capitalized

(1)

Amount

Ratio

Amount

Ratio

Amount

Ratio

(Dollars in thousands)

June 30, 2023

Total Capital to Risk-Weighted Assets

Consolidated

$

763,079

10.7

%

 N/A 

 N/A 

$

751,833

10.5

%

Bank

765,483

10.7

$

715,561

10.0

%

751,339

10.5

Tier I Capital to Risk-Weighted Assets

Consolidated

687,799

9.6

N/A

N/A

608,626

8.5

Bank

690,203

9.6

572,449

8.0

608,227

8.5

Common Equity Tier 1 to Risk-Weighted Assets

Consolidated

678,960

9.5

 N/A 

 N/A 

501,222

7.0

Bank

690,203

9.6

465,115

6.5

500,893

7.0

Tier I Capital to Average Assets

Consolidated

687,799

9.9

N/A

N/A

279,015

4.0

Bank

$

690,203

9.9

%

$

348,828

5.0

%

$

279,063

4.0

%

December 31, 2022

Total Capital to Risk-Weighted Assets

Consolidated

$

715,416

10.5

%

 N/A 

 N/A 

$

714,162

10.5

%

Bank

714,300

10.5

$

679,793

10.0

%

713,783

10.5

Tier I Capital to Risk-Weighted Assets

Consolidated

644,953

9.5

N/A

N/A

578,131

8.5

Bank

643,837

9.5

543,835

8.0

577,824

8.5

Common Equity Tier 1 to Risk-Weighted Assets

Consolidated

643,892

9.5

 N/A 

 N/A 

476,108

7.0

Bank

643,837

9.5

441,866

6.5

475,855

7.0

Tier I Capital to Average Assets

Consolidated

644,953

10.3

N/A

N/A

249,270

4.0

Bank

$

643,837

10.3

%

$

311,623

5.0

%

$

249,299

4.0

%