Capital Requirements (Tables)

3 Months Ended

Mar. 31, 2022

Capital Requirements [Abstract]

Capital Amounts and Ratios

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

	Actual					Well-Capitalized Requirement
($ in thousands)	Amount		Ratio			Amount			Ratio
March 31, 2022
Leverage ratio (CBLR election)	$	74,437		19.1	%	$	35,057	*		9.0	%
December 31, 2021
Leverage ratio (CBLR election)	$	65,503		17.7	%	$	31,442	*		8.5	%

* On March 27, 2020 the CARES Act became law. Section 4012 of the CARES Act directs the agencies to issue an interim final rule reducing the CBLR ratio requirement from 9% to 8% for the last two quarters of the year 2020, 8.5% for the calendar year 2021, and 9% thereafter.