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

The Company’s and the Bank’s actual and required capital measures were as follows:

 

 

 

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, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cambridge Bancorp:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

$

506,239

 

 

 

13.5

%

 

$

393,285

 

 

 

10.5

%

 

N/A

 

 

N/A

 

Tier 1 capital (to risk-weighted assets)

 

 

466,369

 

 

 

12.5

%

 

 

318,373

 

 

 

8.5

%

 

N/A

 

 

N/A

 

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

 

 

466,369

 

 

 

12.5

%

 

 

262,190

 

 

 

7.0

%

 

N/A

 

 

N/A

 

Tier 1 capital (to average assets)

 

 

466,369

 

 

 

8.5

%

 

 

219,309

 

 

 

4.0

%

 

N/A

 

 

N/A

 

Cambridge Trust Company:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

$

490,175

 

 

 

13.1

%

 

$

393,246

 

 

 

10.5

%

 

$

374,520

 

 

 

10.0

%

Tier 1 capital (to risk-weighted assets)

 

 

450,305

 

 

 

12.0

%

 

 

318,342

 

 

 

8.5

%

 

 

299,616

 

 

 

8.0

%

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

 

 

450,305

 

 

 

12.0

%

 

 

262,164

 

 

 

7.0

%

 

 

243,438

 

 

 

6.5

%

Tier 1 capital (to average assets)

 

 

450,305

 

 

 

8.2

%

 

 

219,296

 

 

 

4.0

%

 

 

274,120

 

 

 

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

%