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Equity and Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2023
Text Block [Abstract]  
Schedule of Banks Actual and Required Capital Amounts and Ratios

The Bank’s actual capital amounts and ratios are presented in the following tables:

 

 

December 31, 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)

 

$

63,101

 

 

 

11.2

%

 

$

22,574

 

 

 

4.0

%

 

$

28,217

 

 

 

5.0

%

Risk-based:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Equity Tier 1

 

 

63,101

 

 

 

15.1

%

 

 

18,751

 

 

 

4.5

%

 

 

27,085

 

 

 

6.5

%

Tier 1

 

 

63,101

 

 

 

15.1

%

 

 

25,002

 

 

 

6.0

%

 

 

33,336

 

 

 

8.0

%

Total

 

 

67,710

 

 

 

16.2

%

 

 

33,336

 

 

 

8.0

%

 

 

41,670

 

 

 

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

%