REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2019

REGULATORY MATTERS

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

The actual capital amounts (in thousands) and ratios of the Company and Bank are presented in the following table:

									To Be Well Capitalized
					For Capital				Under Prompt Corrective
(Dollars in thousands)	Actual				Adequacy Purposes:				Action Provisions:
	Amount		Ratio		Amount ≥		Ratio ≥		Amount ≥	Ratio ≥
As of December 31, 2019
Total Capital (to Risk Weighted Assets)
Consolidated	$	215,377	22.01	%	N/A	*	N/A	*	N/A	N/A
Bank		199,539	20.40	%	78,251		8.0	%	97,814	10.0	%
Tier I Capital (to Risk Weighted Assets)
Consolidated		208,538	21.31	%	N/A	*	N/A	*	N/A	N/A
Bank		192,700	19.70	%	58,688		6.0	%	78,251	8.0	%
Common Tier 1 (CET1)
Consolidated		208,538	21.31	%	N/A	*	N/A	*	N/A	N/A
Bank		192,700	19.70	%	44,016		4.5	%	63,579	6.5	%
Tier 1 Capital (to Average Assets)
Consolidated		208,538	12.70	%	N/A	*	N/A	*	N/A	N/A
Bank		192,700	11.74	%	65,655		4.0	%	82,069	5.0	%
As of December 31, 2018
Total Capital (to Risk Weighted Assets)
Consolidated	$	166,851	18.16	%	N/A	*	N/A	*	N/A	N/A
Bank		163,339	17.80	%	73,392		8.0	%	91,740	10.0	%
Tier I Capital (to Risk Weighted Assets)
Consolidated		160,207	17.44	%	N/A	*	N/A	*	N/A	N/A
Bank		156,696	17.08	%	55,044		6.0	%	73,392	8.0	%
Common Tier 1 (CET1)
Consolidated		160,207	17.44	%	N/A	*	N/A	*	N/A	N/A
Bank		156,696	17.08	%	41,283		4.5	%	59,631	6.5	%
Tier 1 Capital (to Average Assets)
Consolidated		160,207	11.14	%	N/A	*	N/A	*	N/A	N/A
Bank		156,696	10.91	%	57,455		4.0	%	71,819	5.0	%

*  The Board of Governors of the Federal Reserve raised the threshold for determining applicable of the Small Bank Holding Company and Savings and Loan Company Policy Statement in August 2018 from $1 Billion to $3 Billion in consolidated total assets to provide regulatory burden relief, therefore, the Company is no longer subject to the minimum capital requirements.