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Regulatory Capital Requirements (Tables)
3 Months Ended
Mar. 31, 2024
Regulatory Capital Requirements [Abstract]  
Actual Capital Amounts and Ratios
The Bank and the Company reported the following capital ratios as of March 31, 2024 and December 31, 2023:

(Bank Only)              
Minimum for
 
 
 
As of March 31, 2024
   
Well
  Capital Adequacy plus
  Capital Conservation
(dollars in thousands)
 
Amount
   
Ratio
   
Capitalized(1)
   
Buffer (1)(2)
 
 
                       
Tier 1 leverage ratio
 
$
640,288
     
10.427
%
   
5.000
%
   
4.000
%
Common equity tier 1 capital
   
640,288
     
18.505
     
6.500
     
7.000
 
Tier 1 risk-based capital
   
640,288
     
18.505
     
8.000
     
8.500
 
Total risk-based capital
   
683,633
     
19.758
     
10.000
     
10.500
 

 
 
As of December 31, 2023
   
Well
   
Minimum for
 
Capital Adequacy plus
Capital Conservation
(dollars in thousands)
 
Amount
   
Ratio
   
Capitalized(1)
   
Buffer (1)(2)
 
 
                       
Tier 1 leverage ratio
 
$
636,327
     
10.428
%
   
5.000
%
   
4.000
%
Common equity tier 1 capital
   
636,327
     
18.280
     
6.500
     
7.000
 
Tier 1 risk-based capital
   
636,327
     
18.280
     
8.000
     
8.500
 
Total risk-based capital
   
679,924
     
19.532
     
10.000
     
10.500
 

(Consolidated)
           
   
As of March 31, 2024
   
Minimum for
 
Capital Adequacy plus
Capital Conservation
(dollars in thousands)
 
Amount
   
Ratio
   
Buffer (1)(2)
 
 
                 
Tier 1 leverage ratio

$
663,400
     
10.798
%
   
4.000
%
Common equity tier 1 capital
 

663,400
     
19.168
     
7.000
 
Tier 1 risk-based capital
 

663,400
     
19.168
     
8.500
 
Total risk-based capital
 

706,757
     
20.421
     
10.500
 

 
 
As of December 31, 2023
   
Minimum for
 
Capital Adequacy plus
Capital Conservation
(dollars in thousands)
 
Amount
   
Ratio
   
Buffer (1)(2)
 
 
                 
Tier 1 leverage ratio
 
$
657,968
     
10.780
%
   
4.000
%
Common equity Tier 1 capital
   
657,968
     
18.896
     
7.000
 
Tier 1 risk-based capital
   
657,968
     
18.896
     
8.500
 
Total risk-based capital
   
701,577
     
20.149
     
10.500
 

(1)
Federal regulatory minimum requirements to be considered to be Well Capitalized and Adequately Capitalized
(2)
The March 31, 2024 and December 31, 2023 common equity tier 1, tier 1 risk-based, and total risk-based capital ratios include a capital conservation buffer of 2.50 percent