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Regulatory Capital Requirements (Tables)
12 Months Ended
Dec. 31, 2024
Regulatory Capital Requirements Under Banking Regulations [Abstract]  
Schedule of Bank Actual and Required Capital Amounts and Ratios

The following tables present actual and required capital ratios as of December 31, 2024 and 2023 under the Basel III Capital Rules. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

(In Thousands)

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total capital

 

 

 

 

 

 

 

 

 

 

 

 

(to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

282,736

 

 

 

11.55

%

 

$

251,042

 

 

 

10.62

%

For capital adequacy purposes

 

 

195,914

 

 

 

8.00

 

 

 

188,807

 

 

 

8.00

 

To be well capitalized

 

 

244,892

 

 

 

10.00

 

 

 

236,009

 

 

 

10.00

 

Tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

(to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

263,058

 

 

 

10.74

%

 

$

234,533

 

 

 

9.92

%

For capital adequacy purposes

 

 

146,935

 

 

 

6.00

 

 

 

141,605

 

 

 

6.00

 

To be well capitalized

 

 

195,914

 

 

 

8.00

 

 

 

188,807

 

 

 

8.00

 

Common equity

 

 

 

 

 

 

 

 

 

 

 

 

(to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

263,058

 

 

 

10.74

%

 

$

234,533

 

 

 

9.92

%

For capital adequacy purposes

 

 

110,201

 

 

 

4.50

 

 

 

106,204

 

 

 

4.50

 

To be well capitalized

 

 

159,180

 

 

 

6.50

 

 

 

153,406

 

 

 

6.50

 

Tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

(to average assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

263,058

 

 

 

9.49

%

 

$

234,533

 

 

 

14.13

%

For capital adequacy purposes

 

 

110,867

 

 

 

4.00

 

 

 

66,412

 

 

 

4.00

 

To be well capitalized

 

 

138,584

 

 

 

5.00

 

 

 

83,016

 

 

 

5.00