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Regulatory Matters (Tables)
 6 Months Ended
Jun. 30, 2019
Regulatory Matters [Abstract]  
Actual Capital Amounts and Ratios
Our actual capital amounts and ratios follow (1):

  
Actual
  
Minimum for
Adequately Capitalized
Institutions
  
Minimum for
Well-Capitalized
Institutions
 
  
Amount
  
Ratio
  
Amount
  
Ratio
  
Amount
  
Ratio
 
  
(Dollars in thousands)
 
                   
June 30, 2019
                  
Total capital to risk-weighted assets
                  
Consolidated
 
$
360,894
   
13.36
%
 
$
216,166
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
346,015
   
12.81
   
216,074
   
8.00
  
$
270,093
   
10.00
%
 
                        
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
333,508
   
12.34
%
 
$
162,125
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
318,629
   
11.80
   
162,056
   
6.00
  
$
216,074
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
295,310
   
10.93
%
 
$
121,594
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
318,629
   
11.80
   
121,542
   
4.50
  
$
175,561
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
333,508
   
9.95
%
 
$
134,131
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
318,629
   
9.50
   
134,138
   
4.00
  
$
167,673
   
5.00
%
                         
December 31, 2018
                        
Total capital to risk-weighted assets
                        
Consolidated
 
$
371,603
   
14.25
%
 
$
208,572
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
337,227
   
12.94
   
208,456
   
8.00
  
$
260,569
   
10.00
%
                         
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
345,419
   
13.25
%
 
$
156,429
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
311,043
   
11.94
   
156,342
   
6.00
  
$
208,456
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
307,255
   
11.79
%
 
$
117,322
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
311,043
   
11.94
   
117,256
   
4.50
  
$
169,370
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
345,419
   
10.47
%
 
$
131,930
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
311,043
   
9.44
   
131,778
   
4.00
  
$
164,723
   
5.00
%

(1) These ratios do not reflect a capital conservation buffer of 2.50% and 1.875% at June 30, 2019 and December 31, 2018, respectfully.
NA - Not applicable
Regulatory Capital
The components of our regulatory capital are as follows:

  
Consolidated
  
Independent Bank
 
  
June 30,
2019
  
December 31,
2018
  
June 30,
2019
  
December 31,
2018
 
  
(In thousands)
 
Total shareholders’ equity
 
$
330,846
  
$
338,994
  
$
354,165
  
$
341,496
 
Add (deduct)
                
Accumulated other comprehensive (income) loss for regulatory purposes
  
(1,366
)
  
4,311
   
(1,366
)
  
4,311
 
Goodwill and other intangibles
  
(34,170
)
  
(34,715
)
  
(34,170
)
  
(34,715
)
Disallowed deferred tax assets
  
-
   
(1,335
)
  
-
   
(49
)
Common equity tier 1 capital
  
295,310
   
307,255
   
318,629
   
311,043
 
Qualifying trust preferred securities
  
38,198
   
38,164
   
-
   
-
 
Tier 1 capital
  
333,508
   
345,419
   
318,629
   
311,043
 
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
  
27,386
   
26,184
   
27,386
   
26,184
 
Total risk-based capital
 
$
360,894
  
$
371,603
  
$
346,015
  
$
337,227