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Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2020
Shareholders' Equity [Abstract]  
Stock Repurchase
A summary of the activity under the RP is as follows:

    
Six Months Ended
June 30,
    
Three Months Ended
June 30,
  
  
2020
  
2019
  
2020
  
2019
 
Number of shares repurchased
  
831,254
   
-
   
38,160
   
-
 
Average price of shares repurchased
 
$
8.56
  
$
-
  
$
7.90
  
$
-
 
Shares remaining to be repurchased
  
168,746
   
-
   
168,746
   
-
 
Actual Capital Amounts and Ratios
The Company’s and Bank’s actual capital amounts and ratios are presented in the following table (dollars in thousands):

  
Actual
 
Minimum
Capital Requirements
  
With Capital
Conservation Buffer
  
Minimum
To Be Well Capitalized
Under Prompt
Corrective Action
 
  
Amount
  
Ratio
  
Amount
  
Ratio
  
Amount
  
Ratio
  
Amount
  
Ratio
 
As of June 30, 2020
                        
Total capital to risk-weighted assets
                        
Company
 
$
109,490
   
14.33
%
 
$
61,139
   
8.00
%
 
$
80,245
   
10.50
%
  
N/A
   
N/A
 
Bank
 
$
109,435
   
14.34
%
 
$
61,060
   
8.00
%
 
$
80,141
   
10.50
%
 
$
76,325
   
10.00
%
Tier I capital to risk-weighted assets
                                
Company
 
$
99,933
   
13.08
%
 
$
45,854
   
6.00
%
 
$
64,960
   
8.50
%
  
N/A
   
N/A
 
Bank
 
$
99,891
   
13.09
%
 
$
45,795
   
6.00
%
 
$
64,876
   
8.50
%
 
$
61,060
   
8.00
%
CET I capital to risk-weighted assets
                                
Company
 
$
99,933
   
13.08
%
 
$
34,391
   
4.50
%
 
$
53,497
   
7.00
%
  
N/A
   
N/A
 
Bank
 
$
99,891
   
13.09
%
 
$
34,346
   
4.50
%
 
$
53,427
   
7.00
%
 
$
49,611
   
6.50
%
Tier I capital to average assets
                                
Company
 
$
99,933
   
10.31
%
 
$
38,787
   
4.00
%
  
N/A
   
N/A
   
N/A
   
N/A
 
Bank
 
$
99,891
   
10.30
%
 
$
38,801
   
4.00
%
  
N/A
   
N/A
  
$
48,502
   
5.00
%
As of December 31, 2019
                                
Total capital to risk-weighted assets
                                
Company
 
$
105,137
   
15.25
%
 
$
55,157
   
8.00
%
 
$
72,393
   
10.50
%
  
N/A
   
N/A
 
Bank
 
$
106,148
   
15.42
%
 
$
55,076
   
8.00
%
 
$
72,287
   
10.50
%
 
$
68,845
   
10.00
%
Tier I capital to risk-weighted assets
                                
Company
 
$
97,291
   
14.11
%
 
$
41,368
   
6.00
%
 
$
58,604
   
8.500
%
  
N/A
   
N/A
 
Bank
 
$
98,302
   
14.28
%
 
$
41,307
   
6.00
%
 
$
58,518
   
8.500
%
 
$
55,076
   
8.00
%
CET I capital to risk-weighted assets
                                
Company
 
$
97,291
   
14.11
%
 
$
31,026
   
4.50
%
 
$
48,262
   
7.000
%
  
N/A
   
N/A
 
Bank
 
$
98,302
   
14.28
%
 
$
30,980
   
4.50
%
 
$
48,192
   
7.000
%
 
$
44,749
   
6.50
%
Tier I capital to average assets
                                
Company
 
$
97,291
   
11.53
%
 
$
33,833
   
4.00
%
  
N/A
   
N/A
   
N/A
   
N/A
 
Bank
 
$
98,302
   
11.65
%
 
$
33,793
   
4.00
%
  
N/A
   
N/A
  
$
42,241
   
5.00
%

A summary of payout restrictions based on the capital conservation buffer is as follows:

Capital Conservation Buffer
(as a % of risk-weighted assets)
Maximum Payout
(as a % of eligible retained income)
Greater than 2.5%
No payout limitations applies
≤2.5% and >1.875%
60%
≤1.875% and >1.25%
40%
≤1.25% and >0.625%
20%
≤0.625%
0%