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REGULATORY MATTERS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Regulatory Capital Requirements Under Banking Regulations [Abstract]    
Schedule of Regulatory Capital and Ratios
As of March 31, 2022, the Company and the Bank believe they are each well capitalized on a consolidated basis for bank regulatory purposes as their respective capital ratios exceed minimum total Tier 1 and CET1 risk-based capital ratios and Tier 1 leverage capital ratios as set forth in the following table. As a bank holding company with less than $3 billion in total consolidated assets, the Company is eligible to be treated as a “small bank holding company” under the Federal Reserve’s Small Bank Holding Company and Savings and Loan Holding Company Policy Statement. As a result, the Company’s capital adequacy is evaluated at the bank level and on a parent-only basis, and it is not subject to consolidated capital standards for regulatory purposes. The ratios set forth below as to the Company are for illustrative purposes in the event it were to become subject to consolidated capital standards for regulatory purposes. The column styled “Required for Capital Adequacy Purposes” includes the 2.5% capital conservation buffer.
ActualRequired for Capital Adequacy PurposesMinimums To Be “Well Capitalized” Under Prompt Corrective Action
AmountRatioAmountRatioAmountRatio
(dollars in thousands)
As of March 31, 2022
Tier 1 capital (to average assets)
Company$154,648 8.75 %$70,717 4.00 %$— — 
Bank$192,383 10.88 %$70,717 4.00 %$88,396 5.00 %
CET 1 capital (to risk-weighted assets)
Company$154,648 9.90 %$109,331 7.00 %$— — 
Bank$192,383 12.32 %$109,331 7.00 %$101,522 6.50 %
Tier 1 capital (to risk-weighted assets)
Company$154,648 9.90 %$132,759 8.50 %$— — 
Bank$192,383 12.32 %$132,759 8.50 %$124,950 8.00 %
Total capital (to risk-weighted assets)
Company$218,140 13.97 %$163,997 10.50 %$— — 
Bank$207,875 13.31 %$163,997 10.50 %$156,187 10.00 %
ActualRequired for Capital Adequacy PurposesMinimums To Be “Well Capitalized” Under Prompt Corrective Action
AmountRatioAmountRatioAmountRatio
(dollars in thousands)
As of December 31, 2021
Tier 1 capital (to average assets)
Company$156,723 9.74 %$64,376 4.00 %$— — 
Bank$168,027 10.44 %$64,376 4.00 %$80,470 5.00 %
CET 1 capital (to risk-weighted assets)
Company$156,723 10.35 %$106,019 7.00 %$— — 
Bank$168,027 11.09 %$106,019 7.00 %$98,446 6.50 %
Tier 1 capital (to risk-weighted assets)
Company$156,723 10.35 %$128,737 8.50 %$— — 
Bank$168,027 11.09 %$128,737 8.50 %$121,164 8.00 %
Total capital (to risk-weighted assets)
Company$171,567 11.33 %$159,028 10.50 %$— — 
Bank$182,871 12.07 %$159,028 10.50 %$151,455 10.00 %
ActualRequired for Capital
Adequacy Purposes
Minimums To Be “Well
Capitalized” Under
Prompt
Corrective Action
AmountRatioAmountRatioAmountRatio
As of December 31, 2021
Tier 1 capital (to average assets)
Company$156,723 9.74 %$64,376 4.00 %$— — 
Bank$168,027 10.44 %$64,376 4.00 %$80,470 5.00 %
CET 1 capital (to risk-weighted assets)
Company$156,723 10.35 %$106,019 7.00 %$— — 
Bank$168,027 11.09 %$106,019 7.00 %$98,446 6.50 %
Tier 1 capital (to risk-weighted assets)
Company$156,723 10.35 %$128,737 8.50 %$— — 
Bank$168,027 11.09 %$128,737 8.50 %$121,164 8.00 %
Total capital (to risk-weighted assets)
Company$171,567 11.33 %$159,028 10.50 %$— — 
Bank$182,871 12.07 %$159,028 10.50 %$151,455 10.00 %
NOTE 16.    REGULATORY MATTERS (Continued)
ActualRequired for Capital
Adequacy Purposes
Minimums To Be “Well
Capitalized” Under
Prompt
Corrective Action
AmountRatioAmountRatioAmountRatio
As of December 31, 2020
Tier 1 capital (to average assets)
Company$118,837 9.24 %$51,426 4.00 %$— — 
Bank$130,852 10.18 %$51,426 4.00 %$77,139 5.00 %
CET 1 capital (to risk-weighted assets)
Company$118,837 10.63 %$78,257 7.00 %$— — 
Bank$130,852 11.70 %$78,257 7.00 %$72,667 6.50 %
Tier 1 capital (to risk-weighted assets)
Company$118,837 10.63 %$95,026 8.50 %$— — 
Bank$130,852 11.70 %$95,026 8.50 %$89,436 8.00 %
Total capital (to risk-weighted assets)
Company$135,196 12.09 %$117,835 10.50 %$— — 
Bank$142,711 12.77 %$117,835 10.50 %$117,795 10.00 %