Capital (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios


									For Capital				To be Well
					Required				Adequacy Purposes				Capitalized Under
					For Capital				Including Capital				Prompt Corrective
	Actual				Adequacy Purposes*				Conservation Buffer(1)				Action Regulations*
	Amount		Ratio		Amount		Ratio		Amount		Ratio		Amount		Ratio
December 31, 2018
Total capital to risk weighted assets	$	90,958	18.70	%	$	38,920	8.00	%	$	48,042	9.88	%	$	48,650	10.00	%
Tier 1 (core) capital to risk weighted assets		85,328	17.54			29,190	6.00			38,312	7.88			38,920	8.00
Tier 1 (common) capital to risk weighted assets		85,328	17.54			21,893	4.50			31,014	6.38			31,623	6.50
Tier 1 (core) capital to adjusted total assets		85,328	13.26			25,733	4.00			25,733	4.00			32,166	5.00

December 31, 2017
Total capital to risk weighted assets	$	68,079	18.47	%	$	29,483	8.00	%	$	34,090	9.25	%	$	36,854	10.00	%
Tier 1 (core) capital to risk weighted assets		63,814	17.32			22,112	6.00			26,719	7.25			29,483	8.00
Tier 1 (common) capital to risk weighted assets		63,814	17.32			16,584	4.50			21,191	5.75			23,955	6.50
Tier 1 (core) capital to adjusted total assets		63,814	12.82			19,906	4.00			19,906	4.00			24,883	5.00

*BASEL III revised the capital adequacy requirements and the Prompt Corrective Action Framework effective January 1, 2015 for the Bank.

(1)

When fully phased in on January 1, 2019, the Basel Rules will require the Bank to maintain a 2.5% “capital conservation buffer” on top of the minimum risk-weighted asset ratios. The capital conservation buffer is designed to absorb losses during periods of economic stress. Banking institutions with a (i) Common Equity Tier 1 capital to risk-weighted assets, (ii) Tier 1 capital to risk-weighted assets or (iii) total capital to risk-weighted assets above the respective minimum but below the capital conservation buffer will face constraints on dividends, equity repurchases and discretionary bonus payments to executive officers based on the amount of the shortfall. The implementation of the capital conservation buffer began on January 1, 2016 at the 0.625% level and will increase by 0.625% on each subsequent January 1, until it reaches 2.5% on January 1, 2019.