REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2017

REGULATORY MATTERS

Schedule of the Corporation's and the Bank's actual and capital amounts and ratios compared to generally applicable regulatory requirements

The Corporation’s and the Bank’s actual capital and ratios compared to generally applicable regulatory requirements as of December 31, 2017 are as follows (dollars in thousands):

	Actual				Adequacy Purposes					Well-Capitalized
	Amount		Ratio		Amount			Ratio		Amount		Ratio
Total capital to risk weighted assets:
Consolidated	$	74,533	9.3%	>	$	64,190	>	8.0%	>	$	80,237	10.0%
mBank	$	93,598	11.7%	>	$	64,202	>	8.0%	>	$	80,252	10.0%
Tier 1 capital to risk weighted assets:
Consolidated	$	69,454	8.7%	>	$	48,142	>	6.0%	>	$	64,190	8.0%
mBank	$	88,560	11.0%	>	$	48,151	>	6.0%	>	$	64,202	8.0%
Common equity Tier 1 capital to risk weighted assets
Consolidated	$	69,454	8.7%	>	$	36,107	>	4.5%	>	$	52,154	6.5%
mBank	$	88,560	11.0%	>	$	36,113	>	4.5%	>	$	52,164	6.5%
Tier 1 capital to average assets:
Consolidated	$	69,454	7.1%	>	$	39,375	>	4.0%	>	$	49,219	5.0%
mBank	$	88,560	9.0%	>	$	39,279	>	4.0%	>	$	49,098	5.0%

The Corporation’s and the Bank’s actual capital and ratios compared to generally applicable regulatory requirements as of December 31, 2016 are as follows (dollars in thousands):

	Actual				Adequacy Purposes					Well-Capitalized
	Amount		Ratio		Amount			Ratio		Amount		Ratio
Total capital to risk weighted assets:
Consolidated	$	73,811	9.5%	>	$	62,503	>	8.0%	>	$	78,128	10.0%
mBank	$	92,521	11.9%	>	$	62,102	>	8.0%	>	$	77,627	10.0%
Tier 1 capital to risk weighted assets:
Consolidated	$	68,791	8.8%	>	$	46,877	>	6.0%	>	$	62,503	8.0%
mBank	$	87,542	11.3%	>	$	46,576	>	6.0%	>	$	62,102	8.0%
Common equity Tier 1 capital to risk weighted assets
Consolidated	$	68,791	8.8%	>	$	35,158	>	4.5%	>	$	50,783	6.5%
mBank	$	87,542	11.3%	>	$	34,932	>	4.5%	>	$	50,458	6.5%
Tier 1 capital to average assets:
Consolidated	$	68,791	7.3%	>	$	37,939	>	4.0%	>	$	47,242	5.0%
mBank	$	87,542	9.2%	>	$	37,889	>	4.0%	>	$	47,361	5.0%