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Regulatory Matters (Tables)
 6 Months Ended
Jun. 30, 2016
Regulatory Matters [Abstract]  
Actual capital amounts and ratios
Our actual capital amounts and ratios follow:

  
Actual
  
Minimum for
Adequately Capitalized
Institutions
  
Minimum for
Well-Capitalized
Institutions
 
  
Amount
  
Ratio
  
Amount
  
Ratio
  
Amount
  
Ratio
 
  
(Dollars in thousands)
 
                   
June 30, 2016
                  
Total capital to risk-weighted assets
                  
Consolidated
 
$
275,163
   
15.97
%
 
$
137,844
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
260,344
   
15.12
   
137,712
   
8.00
   
172,140
   
10.00
%
                         
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
253,484
   
14.71
%
 
$
103,383
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
238,734
   
13.87
   
103,284
   
6.00
   
137,712
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
228,648
   
13.27
%
 
$
77,537
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
238,734
   
13.87
   
77,463
   
4.50
   
111,891
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
253,484
   
10.47
%
 
$
96,803
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
238,734
   
9.87
   
96,737
   
4.00
   
120,921
   
5.00
%
                         
December 31, 2015
                        
Total capital to risk-weighted assets
                        
Consolidated
 
$
278,170
   
16.65
%
 
$
133,668
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
261,894
   
15.69
   
133,514
   
8.00
  
$
166,893
   
10.00
%
                         
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
257,050
   
15.38
%
 
$
100,251
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
240,867
   
14.43
   
100,136
   
6.00
  
$
133,514
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
239,271
   
14.32
%
 
$
75,188
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
240,867
   
14.43
   
75,102
   
4.50
  
$
108,480
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
257,050
   
10.91
%
 
$
94,217
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
240,867
   
10.23
   
94,145
   
4.00
  
$
117,682
   
5.00
%

NA - Not applicable
 
Components of regulatory capital
The components of our regulatory capital are as follows:

  
Consolidated
  
Independent Bank
 
  
June 30,
2016
  
December 31,
2015
  
June 30,
2016
  
December 31,
2015
 
  
(In thousands)
 
Total shareholders’ equity
 
$
246,923
  
$
251,092
  
$
256,850
  
$
259,947
 
Add (deduct)
                
Accumulated other comprehensive (income) loss for regulatory purposes
  
(2,515
)
  
238
   
(2,514
)
  
238
 
Intangible assets
  
(1,264
)
  
(912
)
  
(1,264
)
  
(912
)
Disallowed deferred tax assets
  
(14,496
)
  
(11,147
)
  
(14,338
)
  
(18,406
)
Common equity tier 1 capital
  
228,648
   
239,271
   
238,734
   
240,867
 
Qualifying trust preferred securities
  
34,500
   
34,500
   
-
   
-
 
Disallowed deferred tax assets
  
(9,664
)
  
(16,721
)
  
-
   
-
 
Tier 1 capital
  
253,484
   
257,050
   
238,734
   
240,867
 
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
  
21,679
   
21,120
   
21,610
   
21,027
 
Total risk-based capital
 
$
275,163
  
$
278,170
  
$
260,344
  
$
261,894