Shareholders’ Equity and Regulatory Matters (Tables)

6 Months Ended

Jun. 30, 2022

Stockholders' Equity Note [Abstract]

Schedule of Comparison of the Actual Capital Amounts and Ratios

A comparison of the Bank’s actual capital amounts and ratios to required capital amounts and ratios are presented in the following table (dollars in thousands):

	Actual					For Capital Adequacy Purposes Basel III Fully Phased-In (2)					To Be Well Capitalized Under Prompt Corrective Action Provisions
(Dollars in thousands)	Amount		Ratio			Amount		Ratio			Amount		Ratio
As of June 30, 2022:
Total capital (to risk    weighted assets):
Bank		414,667		12.4	%	≥	351,163	≥	10.5	%	≥	334,441	≥	10.0	%
Tier I capital (to risk    weighted assets):
Bank		388,001		11.6	%	≥	284,275	≥	8.5	%	≥	267,553	≥	8.0	%
Tier I capital (to average    assets): (1)
Bank		388,001		12.5	%	≥	124,430	≥	4.0	%	≥	155,538	≥	5.0	%
Common equity tier 1 (to    risk weighted assets):
Bank		388,001		11.6	%	≥	234,109	≥	7.0	%	≥	217,387	≥	6.5	%
As of December 31, 2021:
Total capital (to risk    weighted assets):
Bank		288,022		13.5	%	≥	223,444	≥	10.5	%	≥	212,804	≥	10.0	%
Tier I capital (to risk    weighted assets):
Bank		268,727		12.6	%	≥	180,883	≥	8.5	%	≥	170,243	≥	8.0	%
Tier I capital (to average    assets): (1)
Bank		268,727		12.3	%	≥	87,602	≥	4.0	%	≥	109,503	≥	5.0	%
Common equity tier 1 (to    risk weighted assets):
Bank		268,727		12.6	%	≥	148,962	≥	7.0	%	≥	138,322	≥	6.5	%

(1) The Tier 1 capital ratio (to average assets) is not impacted by the Basel III Capital Rules; however, the Federal Reserve and the FDIC may require the Bank to maintain a Tier 1 capital ratio (to average assets) above the minimum required.

(2) Percentages represent the minimum capital ratios plus, as applicable, the fully phased-in 2.5% CIT1 capital buffer under the Basel III Capital Rules.