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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Schedule of Minimum Capital Requirements Considered Well Capitalized by FRB and FDIC

As of March 31, 2022 and December 31, 2021, the Company and the Bank met all applicable minimum capital requirements and were considered “well-capitalized” by both the Federal Reserve Bank (“FRB”) and the Federal Deposit Insurance Corporation (“FDIC”).

 

 

 

Actual

 

 

Minimum Capital
Required For
Capital Adequacy Plus
Capital Conservation
Buffer

 

 

Minimum To Be
Well-Capitalized
Under
Prompt Corrective
Action Provisions

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

 

(dollars in thousands)

 

At March 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cambridge Bancorp:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

$

428,313

 

 

 

13.5

%

 

$

332,832

 

 

 

10.5

%

 

N/A

 

 

N/A

 

Tier 1 capital (to risk-weighted assets)

 

 

392,831

 

 

 

12.4

%

 

 

269,435

 

 

 

8.5

%

 

N/A

 

 

N/A

 

Common equity tier I capital (to risk-weighted assets)

 

 

392,831

 

 

 

12.4

%

 

 

221,888

 

 

 

7.0

%

 

N/A

 

 

N/A

 

Tier 1 capital (to average assets)

 

 

392,831

 

 

 

8.0

%

 

 

196,394

 

 

 

4.0

%

 

N/A

 

 

N/A

 

Cambridge Trust Company:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

$

412,721

 

 

 

13.0

%

 

$

332,802

 

 

 

10.5

%

 

$

316,954

 

 

 

10.0

%

Tier 1 capital (to risk-weighted assets)

 

 

377,239

 

 

 

11.9

%

 

 

269,411

 

 

 

8.5

%

 

 

253,563

 

 

 

8.0

%

Common equity tier I capital (to risk-weighted assets)

 

 

377,239

 

 

 

11.9

%

 

 

221,868

 

 

 

7.0

%

 

 

206,020

 

 

 

6.5

%

Tier 1 capital (to average assets)

 

 

377,239

 

 

 

7.7

%

 

 

196,383

 

 

 

4.0

%

 

 

245,479

 

 

 

5.0

%

 

 

 

Actual

 

 

Minimum Capital
Required For
Capital Adequacy Plus
Capital Conservation
Buffer

 

 

Minimum To Be
Well-Capitalized
Under
Prompt Corrective
Action Provisions

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

 

(dollars in thousands)

 

At December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cambridge Bancorp:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

$

420,398

 

 

 

13.6

%

 

$

325,617

 

 

 

10.5

%

 

N/A

 

 

N/A

 

Tier 1 capital (to risk-weighted assets)

 

 

384,518

 

 

 

12.4

%

 

 

263,595

 

 

 

8.5

%

 

N/A

 

 

N/A

 

Common equity tier I capital (to risk-weighted assets)

 

 

384,518

 

 

 

12.4

%

 

 

217,078

 

 

 

7.0

%

 

N/A

 

 

N/A

 

Tier 1 capital (to average assets)

 

 

384,518

 

 

 

8.3

%

 

 

185,015

 

 

 

4.0

%

 

N/A

 

 

N/A

 

Cambridge Trust Company:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

$

409,806

 

 

 

13.2

%

 

$

325,587

 

 

 

10.5

%

 

$

310,082

 

 

 

10.0

%

Tier 1 capital (to risk-weighted assets)

 

 

373,926

 

 

 

12.1

%

 

 

263,570

 

 

 

8.5

%

 

 

248,066

 

 

 

8.0

%

Common equity tier I capital (to risk-weighted assets)

 

 

373,926

 

 

 

12.1

%

 

 

217,058

 

 

 

7.0

%

 

 

201,554

 

 

 

6.5

%

Tier 1 capital (to average assets)

 

 

373,926

 

 

 

8.1

%

 

 

185,003

 

 

 

4.0

%

 

 

231,254

 

 

 

5.0

%