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Regulatory Matters (Tables)
 9 Months Ended
Sep. 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)
 
                   
September 30, 2019
                  
Total capital to risk-weighted assets
                  
Consolidated
 
$
369,923
   
13.39
%
 
$
221,065
   
8.00
%
 
NA
  
NA
 
Independent Bank
  
352,432
   
12.76
   
220,984
   
8.00
  
$
276,230
   
10.00
%
                         
Tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
342,138
   
12.38
%
 
$
165,799
   
6.00
%
 
NA
  
NA
 
Independent Bank
  
324,647
   
11.75
   
165,738
   
6.00
  
$
220,984
   
8.00
%
                         
Common equity tier 1 capital to risk-weighted assets
                        
Consolidated
 
$
303,923
   
11.00
%
 
$
124,349
   
4.50
%
 
NA
  
NA
 
Independent Bank
  
324,647
   
11.75
   
124,304
   
4.50
  
$
179,550
   
6.50
%
                         
Tier 1 capital to average assets
                        
Consolidated
 
$
342,138
   
9.93
%
 
$
137,762
   
4.00
%
 
NA
  
NA
 
Independent Bank
  
324,647
   
9.43
   
137,736
   
4.00
  
$
172,170
   
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 September 30, 2019 and December 31, 2018, respectively.
NA - Not applicable
Regulatory Capital
The components of our regulatory capital are as follows:

  
Consolidated
  
Independent Bank
 
  
September 30,
2019
  
December 31,
2018
  
September 30,
2019
  
December 31,
2018
 
  
(In thousands)
 
Total shareholders’ equity
 
$
340,245
  
$
338,994
  
$
360,969
  
$
341,496
 
Add (deduct)
                
Accumulated other comprehensive (income) loss for regulatory purposes
  
(2,424
)
  
4,311
   
(2,424
)
  
4,311
 
Goodwill and other intangibles
  
(33,898
)
  
(34,715
)
  
(33,898
)
  
(34,715
)
Disallowed deferred tax assets
  
-
   
(1,335
)
  
-
   
(49
)
Common equity tier 1 capital
  
303,923
   
307,255
   
324,647
   
311,043
 
Qualifying trust preferred securities
  
38,215
   
38,164
   
-
   
-
 
Tier 1 capital
  
342,138
   
345,419
   
324,647
   
311,043
 
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
  
27,785
   
26,184
   
27,785
   
26,184
 
Total risk-based capital
 
$
369,923
  
$
371,603
  
$
352,432
  
$
337,227