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Equity and Regulatory Matters (Tables)
9 Months Ended
Sep. 30, 2023
Text Block [Abstract]  
Schedule of Banks Actual and Required Capital Amounts and Ratios

The Bank’s actual and required capital amounts and ratios are presented below:

 

 

September 30, 2023

 

 

Actual

 

 

For Capital Adequacy Purposes

 

 

To Be Well Capitalized Under Prompt Corrective Action Provisions

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

(dollars in thousands)

 

PyraMax Bank

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leverage (Tier 1)

 

$

62,191

 

 

 

11.1

%

 

$

22,440

 

 

 

4.0

%

 

$

28,051

 

 

 

5.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Risk-based:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Equity Tier 1

 

 

62,191

 

 

 

15.0

%

 

 

18,624

 

 

 

4.5

%

 

 

26,901

 

 

 

6.5

%

Tier 1

 

 

62,191

 

 

 

15.0

%

 

 

24,831

 

 

 

6.0

%

 

 

33,104

 

 

 

8.0

%

Total

 

 

66,714

 

 

 

16.1

%

 

 

33,109

 

 

 

8.0

%

 

 

41,386

 

 

 

10.0

%

 

 

December 31, 2022

 

 

Actual

 

 

For Capital Adequacy Purposes

 

 

To Be Well Capitalized Under Prompt Corrective Action Provisions

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

(dollars in thousands)

 

PyraMax Bank

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leverage (Tier 1)

 

$

65,497

 

 

 

11.9

%

 

$

22,086

 

 

 

4.0

%

 

$

27,608

 

 

 

5.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Risk-based:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Equity Tier 1

 

 

65,497

 

 

 

16.6

%

 

 

17,711

 

 

 

4.5

%

 

 

25,583

 

 

 

6.5

%

Tier 1

 

 

65,497

 

 

 

16.6

%

 

 

23,615

 

 

 

6.0

%

 

 

31,486

 

 

 

8.0

%

Total

 

 

68,700

 

 

 

17.5

%

 

 

31,486

 

 

 

8.0

%

 

 

39,358

 

 

 

10.0

%