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REGULATORY CAPITAL REQUIREMENTS (Tables)
 12 Months Ended
Dec. 31, 2016
REGULATORY CAPITAL REQUIREMENTS  
Schedule of Regulatory Capital Amounts and Ratios

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

To Be Well-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capitalized Under

 

Fully Phased-in,

 

 

 

 

 

 

 

 

For Capital

 

Prompt  Corrective

 

with Capital

 

 

Actual

 

Adequacy Purposes

 

Action Provisions

 

Conservation Buffers

(In thousands)

    

Amount

    

Percent

    

Amount

    

Percent

    

Amount

    

Percent

    

Amount

    

    

Percent

As of December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Merchants Bancshares, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tier 1 Leverage Capital

 

$
173,945

 
8.71

%  

 

$
79,903

 
4.00

%  

 

$

N/A

 

N/A

%

 

$
79,903

 
(1)
4.00

%

Tier 1 Risk-Based Capital

 

 
173,945

 
14.04

%  

 

 
74,360

 
6.00

%  

 

 

N/A

 

N/A

%

 

 
105,344

 

 
8.50

%

Total Risk-Based Capital

 

 
187,624

 
15.14

%  

 

 
99,147

 
8.00

%  

 

 

N/A

 

N/A

%

 

 
130,130

 

 
10.50

%

Common Equity Tier 1 Capital

 

 
153,945

 
12.42

%  

 

 
55,770

 
4.50

%  

 

 

N/A

 

N/A

%

 

 
86,754

 

 
7.00

%

Merchants Bank:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tier 1 Leverage Capital

 

$
170,732

 
8.53

%  

 

$
80,028

 
4.00

%  

 

$
100,035

 
5.00

%  

 

$
80,028

 
(1)
4.00

%

Tier 1 Risk-Based Capital

 

 
170,732

 
13.72

%  

 

 
74,662

 
6.00

%  

 

 
99,550

 
8.00

%  

 

 
105,771

 

 
8.50

%

Total Risk-Based Capital

 

 
184,411

 
14.82

%  

 

 
99,550

 
8.00

%  

 

 
124,437

 
10.00

%  

 

 
130,659

 

 
10.50

%

Common Equity Tier 1 Capital

 

 
170,732

 
13.72

%  

 

 
55,997

 
4.50

%  

 

 
80,884

 
6.50

%  

 

 
87,106

 

 
7.00

%

As of December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Merchants Bancshares, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tier 1 Leverage Capital

 

$
165,799

 
8.77

%  

 

$
75,646

 
4.00

%  

 

$

N/A

 

N/A

%

 

$
75,646

 
(1)
4.00

%

Tier 1 Risk-Based Capital

 

 
165,799

 
14.63

%  

 

 
68,005

 
6.00

%  

 

 

N/A

 

N/A

%

 

 
96,341

 

 
8.50

%

Total Risk-Based Capital

 

 
178,754

 
15.77

%  

 

 
90,673

 
8.00

%  

 

 

N/A

 

N/A

%

 

 
119,009

 

 
10.50

%

Common Equity Tier 1 Capital

 

 
145,799

 
12.86

%  

 

 
51,004

 
4.50

%  

 

 

N/A

 

N/A

%

 

 
79,339

 

 
7.00

%

Merchants Bank:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tier 1 Leverage Capital

 

$
164,446

 
8.64

%  

 

$
76,112

 
4.00

%  

 

$
95,139

 
5.00

%  

 

$
76,112

 
(1)
4.00

%

Tier 1 Risk-Based Capital

 

 
164,446

 
14.44

%  

 

 
68,352

 
6.00

%  

 

 
91,136

 
8.00

%  

 

 
96,832

 

 
8.50

%

Total Risk-Based Capital

 

 
177,401

 
15.57

%  

 

 
91,136

 
8.00

%  

 

 
113,920

 
10.00

%  

 

 
119,616

 

 
10.50

%

Common Equity Tier 1 Capital

 

 
164,446

 
14.44

%  

 

 
51,264

 
4.50

%  

 

 
74,048

 
6.50

%  

 

 
79,744

 

 
7.00

%

 

(1) Capital conservation buffer does not directly affect the required leverage ratio. Institutions must still maintain the required ratio for capital adequacy purposes.