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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2024
Regulatory Matters  
Schedule of actual capital amounts and ratios

The Bank’s regulatory capital amounts and ratios as of December 31, 2024 and 2023 are also presented in the table below (dollar amounts in thousands):

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Required to Be Well-

 

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Required for

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Capitalized Under

 

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Capital Adequacy

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Prompt Corrective

 

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Actual

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Purposes

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Action Provisions

 

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Amount

    

Ratio

    

Amount

    

Ratio

    

Amount

    

Ratio

 

December 31, 2024

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Tier 1 Capital to Average Assets

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$

110,739

 

20.77

%  

$

21,322

 

4.00

%  

$

26,653

 

5.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets

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110,739

 

43.22

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11,529

 

4.50

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16,654

 

6.50

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Tier 1 Capital to Risk-Weighted Assets

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110,739

 

43.22

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15,373

 

6.00

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20,497

 

8.00

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Total Capital to Risk-Weighted Assets

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112,453

 

43.89

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20,497

 

8.00

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25,621

 

10.00

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December 31, 2023

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Tier 1 Capital to Average Assets

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$

84,771

 

17.41

%  

$

19,476

 

4.00

%  

$

24,345

 

5.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets

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84,771

 

34.15

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11,170

 

4.50

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16,135

 

6.50

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Tier 1 Capital to Risk-Weighted Assets

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84,771

 

34.15

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14,894

 

6.00

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19,859

 

8.00

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Total Capital to Risk-Weighted Assets

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87,698

 

35.33

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19,858

 

8.00

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24,823

 

10.00

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