Regulatory Capital Matters

12 Months Ended

Dec. 31, 2025

Banking and Thrift, Other Disclosure [Abstract]

Regulatory Capital Matters

Regulatory Capital Matters

Banks and financial holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, for the Bank, prompt corrective action ("PCA") regulations involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can result in regulatory enforcement actions. The net unrealized gain or loss on AFS debt securities is excluded from computing regulatory capital. Management believes as of December 31, 2025 the Corporation and the Bank meet all capital adequacy requirements to which they are subject.

The PCA regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms alone do not represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion; brokered deposits may not be accepted, renewed or rolled over; and capital restoration plans are required. As of December 31, 2025 and 2024, the most recent regulatory notifications categorized the Bank as well capitalized under the PCA. There are no events or conditions since this notification that management believes have changed the Bank’s capital category.

Actual and required capital amounts and ratios are presented below as of December 31, 2025 and 2024. The capital adequacy ratio includes the capital conservation buffer.

	Actual				For Capital Adequacy Purposes (1)				To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
December 31, 2025
Total Capital to Risk Weighted Assets
Consolidated	$	944,527	14.78	%	$	671,140	10.50	%	N/A		N/A
Bank	905,797		14.22		668,935		10.50		$	637,081	10.00	%
Tier 1 (Core) Capital to Risk Weighted Assets
Consolidated	808,846		12.65		543,304		8.50		N/A		N/A
Bank	857,160		13.45		541,519		8.50		509,665		8.00
Common equity Tier 1 to Risk Weighted Assets
Consolidated	731,061		11.44		447,427		7.00		N/A		N/A
Bank	849,781		13.34		445,957		7.00		414,103		6.50
Tier 1 (Core) Capital to Average Assets
Consolidated	808,846		9.87		327,934		4.00		N/A		N/A
Bank	857,160		10.50		326,657		4.00		408,321		5.00
December 31, 2024
Total Capital to Risk Weighted Assets
Consolidated	$	764,161	16.16	%	$	496,541	10.50	%	N/A		N/A
Bank	639,971		13.59		494,609		10.50		$	471,057	10.00	%
Tier 1 (Core) Capital to Risk Weighted Assets
Consolidated	634,131		13.41		401,962		8.50		N/A		N/A
Bank	596,615		12.67		400,398		8.50		376,845		8.00
Common equity Tier 1 to Risk Weighted Assets
Consolidated	556,346		11.76		331,028		7.00		N/A		N/A
Bank	589,236		12.51		329,740		7.00		306,187		6.50
Tier 1 (Core) Capital to Average Assets
Consolidated	634,131		10.43		243,290		4.00		N/A		N/A
Bank	596,615		9.84		242,432		4.00		303,040		5.00

(1) The minimum amounts and ratios as of December 31, 2025 and 2024 include the full phase in of the capital conservation buffer of 2.5 percent required by the Basel III framework.