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Regulatory Matters (Tables)
 9 Months Ended
Sep. 30, 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)
 
                   
September 30, 2017
                  
Total capital to risk-weighted assets
                  
Consolidated
 
$
307,278
   
15.14
%
 
$
162,315
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
281,228
   
13.87
   
162,210
   
8.00
  
$
202,763
   
10.00
%
                         
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
284,818
   
14.04
%
 
$
121,737
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
258,768
   
12.76
   
121,658
   
6.00
  
$
162,210
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
253,101
   
12.47
%
 
$
91,302
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
258,768
   
12.76
   
91,243
   
4.50
  
$
131,796
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
284,818
   
10.63
%
 
$
107,154
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
258,768
   
9.67
   
107,022
   
4.00
  
$
133,778
   
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
 
  
September 30,
2017
  
December 31,
2016
  
September 30,
2017
  
December 31,
2016
 
  
(In thousands)
 
Total shareholders' equity
 
$
267,710
  
$
248,980
  
$
267,406
  
$
258,814
 
Add (deduct)
                
Accumulated other comprehensive (gain) loss for regulatory purposes
  
(2,140
)
  
3,310
   
(2,140
)
  
3,310
 
Intangible assets
  
(1,338
)
  
(1,159
)
  
(1,338
)
  
(1,159
)
Disallowed deferred tax assets
  
(11,131
)
  
(12,135
)
  
(5,160
)
  
(10,994
)
Common equity tier 1 capital
  
253,101
   
238,996
   
258,768
   
249,971
 
Qualifying trust preferred securities
  
34,500
   
34,500
   
-
   
-
 
Disallowed deferred tax assets
  
(2,783
)
  
(8,091
)
  
-
   
-
 
Tier 1 capital
  
284,818
   
265,405
   
258,768
   
249,971
 
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
  
22,460
   
20,884
   
22,460
   
20,884
 
Total risk-based capital
 
$
307,278
  
$
286,289
  
$
281,228
  
$
270,855