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Regulatory Matters (Tables)
 6 Months Ended
Jun. 30, 2014
Regulatory Matters [Abstract]  
Actual capital amounts and ratios
Our actual capital amounts and ratios follow:

 
 
  
  
Minimum for
  
Minimum for
 
 
 
  
  
Adequately Capitalized
  
Well-Capitalized
 
 
 
Actual
  
Institutions
  
Institutions
 
 
 
Amount
  
Ratio
  
Amount
  
Ratio
  
Amount
  
Ratio
 
 
 
(Dollars in thousands)
 
 
 
  
  
  
  
  
 
June 30, 2014
 
  
  
  
  
  
 
Total capital to risk-weighted assets
 
  
  
  
  
  
 
Consolidated
 
$
259,196
   
18.00
%
 
$
115,195
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
234,562
   
16.33
   
114,910
   
8.00
   
143,638
   
10.00
%
 
                        
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
240,978
   
16.74
%
 
$
57,597
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
216,394
   
15.07
   
57,455
   
4.00
   
86,183
   
6.00
%
 
                        
Tier 1 capital to average assets
                        
Consolidated
 
$
240,978
   
11.00
%
 
$
87,643
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
216,394
   
9.91
   
87,384
   
4.00
   
109,230
   
5.00
%
 
                        
December 31, 2013
                        
Total capital to risk-weighted assets
                        
Consolidated
 
$
245,284
   
17.35
%
 
$
113,086
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
234,078
   
16.57
   
113,013
   
8.00
  
$
141,267
   
10.00
%
 
                        
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
227,338
   
16.08
%
 
$
56,543
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
216,146
   
15.30
   
56,507
   
4.00
   
84,760
   
6.00
%
 
                        
Tier 1 capital to average assets
                        
Consolidated
 
$
227,338
   
10.61
%
 
$
85,729
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
216,146
   
10.09
   
85,681
   
4.00
   
107,101
   
5.00
%
Components of regulatory capital
The components of our regulatory capital are as follows:

 
Consolidated
  
Independent Bank
 
 
 
June 30,
  
December 31,
  
June 30,
  
December 31,
 
 
 
2014
  
2013
  
2014
  
2013
 
 
 
(In thousands)
 
Total shareholders' equity
 
$
242,961
  
$
231,581
  
$
247,995
  
$
250,306
 
Add (deduct)
                
Qualifying trust preferred securities
  
39,500
   
39,500
   
-
   
-
 
Accumulated other comprehensive loss
  
6,298
   
9,245
   
6,298
   
9,245
 
Intangible assets
  
(2,895
)
  
(3,163
)
  
(2,895
)
  
(3,163
)
Disallowed deferred tax assets
  
(44,200
)
  
(49,609
)
  
(34,318
)
  
(40,026
)
Disallowed capitalized mortgage loan servicing rights
  
(686
)
  
(216
)
  
(686
)
  
(216
)
Tier 1 capital
  
240,978
   
227,338
   
216,394
   
216,146
 
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
  
18,218
   
17,946
   
18,168
   
17,932
 
Total risk-based capital
 
$
259,196
  
$
245,284
  
$
234,562
  
$
234,078