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Regulatory Capital Requirements (Tables)
3 Months Ended
Mar. 31, 2025
Regulatory Capital Requirements Under Banking Regulations [Abstract]  
Schedule of Bank Actual and Required Capital Amounts and Ratios

The following table presents actual and required capital ratios as of March 31, 2025 and December 31, 2024 under the Basel III Capital Rules. Bank capital levels required to be considered well capitalized are based upon prompt corrective action regulations.

 

 

 

March 31, 2025

 

 

December 31, 2024

 

(Dollars in Thousands)

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total capital

 

 

 

 

 

 

 

 

 

 

 

 

(to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

300,631

 

 

 

12.61

%

 

$

282,736

 

 

 

11.55

%

For capital adequacy purposes

 

 

190,666

 

 

 

8.00

 

 

 

195,914

 

 

 

8.00

 

To be well capitalized

 

 

238,333

 

 

 

10.00

 

 

 

244,892

 

 

 

10.00

 

Tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

(to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

279,092

 

 

 

11.71

%

 

$

263,058

 

 

 

10.74

%

For capital adequacy purposes

 

 

143,000

 

 

 

6.00

 

 

 

146,935

 

 

 

6.00

 

To be well capitalized

 

 

190,666

 

 

 

8.00

 

 

 

195,914

 

 

 

8.00

 

Common equity

 

 

 

 

 

 

 

 

 

 

 

 

(to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

279,092

 

 

 

11.71

%

 

$

263,058

 

 

 

10.74

%

For capital adequacy purposes

 

 

107,250

 

 

 

4.50

 

 

 

110,201

 

 

 

4.50

 

To be well capitalized

 

 

154,916

 

 

 

6.50

 

 

 

159,180

 

 

 

6.50

 

Tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

(to average assets)

 

 

 

 

 

 

 

 

 

 

 

 

Actual

 

$

279,092

 

 

 

10.02

%

 

$

263,058

 

 

 

9.49

%

For capital adequacy purposes

 

 

111,433

 

 

 

4.00

 

 

 

110,867

 

 

 

4.00

 

To be well capitalized

 

 

139,292

 

 

 

5.00

 

 

 

138,584

 

 

 

5.00