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Regulatory Matters (Tables)
 3 Months Ended
Mar. 31, 2017
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)
 
                   
March 31, 2017
                  
Total capital to risk-weighted assets
                  
Consolidated
 
$
291,505
   
15.71
%
 
$
148,484
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
273,822
   
14.77
   
148,308
   
8.00
  $
185,384
   
10.00
%
                         
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
270,707
   
14.59
%
 
$
111,363
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
253,024
   
13.65
   
111,231
   
6.00
  $
148,308
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
239,913
   
12.93
%
 
$
83,522
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
253,024
   
13.65
   
83,423
   
4.50
  $
120,500
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
270,707
   
10.65
%
 
$
101,693
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
253,024
   
9.96
   
101,609
   
4.00
  $
127,011
   
5.00
%
                         
December 31, 2016
                        
Total capital to risk-weighted assets
                        
Consolidated
 
$
286,289
   
15.86
%
 
$
144,413
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
270,855
   
15.02
   
144,223
   
8.00
  
$
180,279
   
10.00
%
                         
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
265,405
   
14.70
%
 
$
108,309
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
249,971
   
13.87
   
108,167
   
6.00
  
$
144,223
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
238,996
   
13.24
%
 
$
81,232
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
249,971
   
13.87
   
81,126
   
4.50
  
$
117,181
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
265,405
   
10.50
%
 
$
101,112
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
249,971
   
9.90
   
101,019
   
4.00
  
$
126,274
   
5.00
%

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

  
Consolidated
  
Independent Bank
 
   
March 31,
2017
  
December 31,
2016
  
March 31,
2017
  
December 31,
2016
 
  
(In thousands)
 
Total shareholders' equity
 
$
255,475
  
$
248,980
  
$
262,716
  
$
258,814
 
Add (deduct)
                
Accumulated other comprehensive loss for regulatory purposes
  
738
   
3,310
   
738
   
3,310
 
Intangible assets
  
(1,476
)
  
(1,159
)
  
(1,476
)
  
(1,159
)
Disallowed deferred tax assets
  
(14,824
)
  
(12,135
)
  
(8,954
)
  
(10,994
)
Common equity tier 1 capital
  
239,913
   
238,996
   
253,024
   
249,971
 
Qualifying trust preferred securities
  
34,500
   
34,500
   
-
   
-
 
Disallowed deferred tax assets
  
(3,706
)
  
(8,091
)
  
-
   
-
 
Tier 1 capital
  
270,707
   
265,405
   
253,024
   
249,971
 
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
  
20,798
   
20,884
   
20,798
   
20,884
 
Total risk-based capital
 
$
291,505
  
$
286,289
  
$
273,822
  
$
270,855