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REGULATORY CAPITAL (Tables)
12 Months Ended
Dec. 31, 2022
Banking and Thrift, Other Disclosure [Abstract]  
Schedule of applicable holding company and bank regulatory capital requirements
The following tables summarize regulatory capital requirements applicable to the Company and its subsidiary bank (dollars in thousands):
As of December 31, 2022
ActualMinimum
Capital Requirement
Minimum
To Be Well
Capitalized
AmountRatio AmountRatio AmountRatio
Common Equity Tier 1 Capital to Risk Weighted Assets
Consolidated$1,081,686 11.96 %$406,980 4.50 %$587,861 6.50 %
Busey Bank1,306,716 14.49 %405,736 4.50 %586,063 6.50 %
Tier 1 Capital to Risk Weighted Assets
Consolidated$1,155,686 12.78 %$542,640 6.00 %$723,521 8.00 %
Busey Bank1,306,716 14.49 %540,981 6.00 %721,308 8.00 %
Total Capital to Risk Weighted Assets
Consolidated$1,457,994 16.12 %$723,521 8.00 %$904,401 10.00 %
Busey Bank1,384,024 15.35 %721,308 8.00 %901,635 10.00 %
Leverage Ratio of Tier 1 Capital to Average Assets
Consolidated$1,155,686 9.45 %$489,124 4.00 % N/AN/A
Busey Bank1,306,716 10.72 %487,541 4.00 %$609,426 5.00 %
As of December 31, 2021
ActualMinimum
Capital Requirement
Minimum
To Be Well
Capitalized
AmountRatio AmountRatio AmountRatio
Common Equity Tier 1 Capital to Risk Weighted Assets
Consolidated$995,874 11.85 %$378,334 4.50 %$546,482 6.50 %
Busey Bank1,241,303 14.81 %377,096 4.50 %544,695 6.50 %
Tier 1 Capital to Risk Weighted Assets
Consolidated$1,069,874 12.73 %$504,445 6.00 %$672,594 8.00 %
Busey Bank1,241,303 14.81 %502,795 6.00 %670,394 8.00 %
Total Capital to Risk Weighted Assets
Consolidated$1,320,187 15.70 %$672,594 8.00 %$840,742 10.00 %
Busey Bank1,306,616 15.59 %670,394 8.00 %837,992 10.00 %
Leverage Ratio of Tier 1 Capital to Average Assets
Consolidated$1,069,874 8.52 %$502,336 4.00 % N/AN/A
Busey Bank1,241,303 9.91 %501,104 4.00 %$626,379 5.00 %