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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Regulatory Matters [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations The following table presents actual and required capital ratios as of December 31, 2021 and 2020 for the Bank under the Basel Committee on Banking Supervisions capital guidelines for U.S. banks (“Basel III Capital Rules”) as fully phased-in on January 1, 2019. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules.                                       

 

 

 

 

 

 

 

 

 

 

 

Minimum

Capital

 

 

Minimum Capital

Required For Capital

Adequacy Plus Capital

Conservation Buffer

 

 

 

Actual

 

 

Requirement

 

 

Fully Phased-In

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital (to risk- weighted assets)

 

$

52,798

 

 

 

17.87

%

 

$

23,641

 

 

 

8.00

%

 

$

31,029

 

 

 

10.50

%

Tier 1 Capital (to risk- weighted assets)

 

 

49,151

 

 

 

16.63

 

 

 

17,731

 

 

 

6.00

 

 

 

25,119

 

 

 

8.50

 

Tier 1 Capital (to average assets)

 

 

49,151

 

 

 

9.92

 

 

 

19,811

 

 

 

4.00

 

 

 

19,811

 

 

 

4.00

 

Common Equity Tier 1 (to risk-weighted assets)

 

 

49,151

 

 

 

16.63

 

 

 

13,298

 

 

 

4.50

 

 

 

20,686

 

 

 

7.00

 

 

 

 

 

 

 

 

 

 

 

 

 

Minimum

Capital

 

 

Minimum Capital

Required For Capital

Adequacy Plus Capital

Conservation Buffer

 

 

 

Actual

 

 

Requirement

 

 

Fully Phased-In

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital (to risk- weighted assets)

 

$

50,612

 

 

 

17.92

%

 

$

22,593

 

 

 

8.00

%

 

$

29,653

 

 

 

10.50

%

Tier 1 Capital (to risk- weighted assets)

 

 

47,222

 

 

 

16.72

 

 

 

16,945

 

 

 

6.00

 

 

 

24,005

 

 

 

8.50

 

Tier 1 Capital (to average assets)

 

 

47,222

 

 

 

10.59

 

 

 

17,836

 

 

 

4.00

 

 

 

17,836

 

 

 

4.00

 

Common Equity Tier 1 (to risk-weighted assets)

 

 

47,222

 

 

 

16.72

 

 

 

12,709

 

 

 

4.50

 

 

 

19,769

 

 

 

7.00