Regulatory Capital Requirements

Minimum Capital

For Classification as

Actual

Adequacy(1)

Well-Capitalized

Amount

Ratio

Amount

Ratio

Amount

Ratio

(Dollars in Thousands)

As of June 30, 2022:

Total capital (to risk-weighted assets)

$

205,545

14.79

%

$

≥

111,212

≥

8.00

%

$

≥

139,016

≥

10.00

%

Tier 1 capital (to risk-weighted assets)

200,106

14.39

≥

83,409

≥

6.00

≥

111,212

≥

8.00

Common equity tier 1 capital (to risk-weighted assets)

200,106

14.39

≥

62,557

≥

4.50

≥

90,360

≥

6.50

Core (Tier 1) capital (to adjusted total assets)

200,106

16.62

≥

48,175

≥

4.00

≥

60,219

≥

5.00

As of December 31, 2021:

Total capital (to risk-weighted assets)

$

196,155

15.28

%

$

≥

102,702

≥

8.00

%

$

≥

128,377

≥

10.00

%

Tier 1 capital (to risk-weighted assets)

190,941

14.87

≥

77,026

≥

6.00

≥

102,702

≥

8.00

Common equity tier 1 capital (to risk-weighted assets)

190,941

14.87

≥

57,770

≥

4.50

≥

83,445

≥

6.50

Core (Tier 1) capital (to adjusted total assets)

190,941

16.79

≥

45,486

≥

4.00

≥

56,857

≥

5.00