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Regulatory Capital (Tables)
6 Months Ended
Jun. 30, 2024
Regulatory Capital  
Schedule of compliance with regulatory capital requirements under banking regulations

At June 30, 2024

 

TO BE WELL

 

MINIMUM

CAPITALIZED

 

REQUIRED

UNDER

 

FOR

PROMPT

 

CAPITAL

CORRECTIVE

 

ADEQUACY

ACTION

 

COMPANY

BANK

PURPOSES

REGULATIONS*

 

    

AMOUNT

    

RATIO

    

AMOUNT

    

RATIO

    

RATIO

    

RATIO

 

(IN THOUSANDS, EXCEPT RATIOS)

Total Capital (To Risk Weighted Assets)

$

148,840

 

12.77

%  

$

135,621

 

11.69

%  

8.00

%  

10.00

%

Common Equity Tier 1 Capital (To Risk Weighted Assets)

 

107,551

 

9.23

 

121,105

 

10.44

 

4.50

 

6.50

Tier 1 Capital (To Risk Weighted Assets)

 

107,551

 

9.23

 

121,105

 

10.44

 

6.00

 

8.00

Tier 1 Capital (To Average Assets)

 

107,551

 

7.71

 

121,105

 

8.76

 

4.00

 

5.00

At December 31, 2023

 

TO BE WELL

 

MINIMUM

CAPITALIZED

 

REQUIRED

UNDER

 

FOR

PROMPT

 

CAPITAL

CORRECTIVE

 

ADEQUACY

ACTION

 

COMPANY

BANK

PURPOSES

REGULATIONS*

 

    

AMOUNT

    

RATIO

    

AMOUNT

    

RATIO

    

RATIO

    

RATIO

 

(IN THOUSANDS, EXCEPT RATIOS)

Total Capital (To Risk Weighted Assets)

$

149,596

 

13.03

%  

$

135,196

 

11.82

%  

8.00

%  

10.00

%

Common Equity Tier 1 Capital (To Risk Weighted Assets)

 

108,541

 

9.46

 

120,874

 

10.57

 

4.50

 

6.50

Tier 1 Capital (To Risk Weighted Assets)

 

108,541

 

9.46

 

120,874

 

10.57

 

6.00

 

8.00

Tier 1 Capital (To Average Assets)

 

108,541

 

7.80

 

120,874

 

8.78

 

4.00

 

5.00

*Applies to the Bank only.