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REGULATORY MATTERS (Tables)
3 Months Ended
Mar. 31, 2018
Regulatory Capital Requirements [Abstract]  
Schedule of Consolidated Capital ratios
The Company’s consolidated capital ratios and the Bank’s capital ratios as of the dates set forth are presented in the following table:
 
 
March 31, 2018
 
 
Actual
 
For Capital
Adequacy Purposes
 
To be Categorized as "Well
Capitalized" under Prompt
Corrective Action Provisions
 
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
The Company(1):
 
 
 
 
 
 
 
 
 
 
 
 
Total capital (to risk weighted assets)
 
$
474,995

 
13.3
%
 
$
286,384

 
8.0
%
 
N/A

 
N/A

Tier 1 capital (to risk weighted assets)
 
402,297

 
11.2

 
214,788

 
6.0

 
N/A

 
N/A

Common equity tier 1 capital
 
388,830

 
10.9

 
161,091

 
4.5

 
N/A

 
N/A

Tier I capital (to average assets)
 
402,297

 
9.8

 
164,806

 
4.0

 
N/A

 
N/A

 
 
 
 
 
 
 
 
 
 
 
 
 
The Bank(2):
 
 
 
 
 
 
 
 

 
 
 
 
Total capital (to risk weighted assets)
 
$
465,175

 
13.0
%
 
$
286,031

 
8.0
%
 
$
357,539

 
10.0
%
Tier 1 capital (to risk weighted assets)
 
427,882

 
12.0

 
214,523

 
6.0

 
286,031

 
8.0

Common equity tier 1 capital
 
427,882

 
12.0

 
160,892

 
4.5

 
232,400

 
6.5

Tier I capital (to average assets)
 
427,882

 
10.4

 
164,794

 
4.0

 
205,993

 
5.0

 
 
 
December 31, 2017
 
 
Actual
 
For Capital
Adequacy Purposes
 
To be Categorized as "Well
Capitalized" under Prompt
Corrective Action Provisions
 
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
The Company(1):
 
 

 
 
 
 
 
 
 
 
 
 
Total capital (to risk weighted assets)
 
$
455,754

 
12.7
%
 
$
287,840

 
8.0
%
 
N/A

 
N/A

Tier 1 capital (to risk weighted assets)
 
390,690

 
10.9

 
215,880

 
6.0

 
N/A

 
N/A

Common equity tier 1 capital
 
377,328

 
10.5

 
161,910

 
4.5

 
N/A

 
N/A

Tier I capital (to average assets)
 
390,690

 
9.5

 
164,632

 
4.0

 
N/A

 
N/A

 
 
 
 
 
 
 
 
 
 
 
 
 
The Bank(2):
 
 

 
 

 
 

 
 

 
 
 
 
Total capital (to risk weighted assets)
 
$
444,198

 
12.4
%
 
$
286,648

 
8.0
%
 
$
358,310

 
10.0
%
Tier 1 capital (to risk weighted assets)
 
415,542

 
11.6

 
214,986

 
6.0

 
286,648

 
8.0

Common equity tier 1 capital
 
415,542

 
11.6

 
161,239

 
4.5

 
232,901

 
6.5

Tier I capital (to average assets)
 
415,542

 
10.1

 
164,390

 
4.0

 
205,487

 
5.0

 
(1) 
The Federal Reserve may require the Company to maintain capital ratios above the required minimums.
(2) 
The FDIC or the Office of the Comptroller of the Currency (the “OCC”) may require the Bank to maintain capital ratios above the required minimums.