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Minimum Regulatory Capital Requirements (Tables)
12 Months Ended
Dec. 31, 2022
Federal Home Loan Banks [Abstract]  
Summary of Bank's Actual and Required Capital Amounts and Ratios

The Bank’s actual and required capital amounts and ratios as of December 31, 2022 and December 31, 2021 are as follows:

 

 

 

Actual

 

 

 

 

 

Minimum Capital Required

 

 

 

 

 

Required to be Considered
Well-Capitalized

 

 

 

 

 

 

(000's)

 

 

 

 

 

(000's)

 

 

 

 

 

(000's)

 

 

 

 

As of December 31, 2022

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Common Equity Tier 1 Capital
   (to Risk Weighted Assets)

 

$

259,510

 

 

 

11.15

%

 

$

104,763

 

 

 

4.50

%

 

$

151,324

 

 

 

6.50

%

Total Risk-Based Capital
   (to Risk Weighted Assets)

 

 

281,085

 

 

 

12.07

%

 

 

186,245

 

 

 

8.00

%

 

 

232,806

 

 

 

10.00

%

Tier 1 Capital
   (to Risk Weighted Assets)

 

 

259,510

 

 

 

11.15

%

 

 

139,684

 

 

 

6.00

%

 

 

186,245

 

 

 

8.00

%

Tier 1 Leverage Capital
   (to Adjusted Total Assets)

 

 

259,510

 

 

 

9.03

%

 

 

114,972

 

 

 

4.00

%

 

 

143,714

 

 

 

5.00

%

 

 

 

 

Actual

 

 

 

 

 

Minimum Capital Required

 

 

 

 

 

Required to be Considered
Well-Capitalized

 

 

 

 

 

 

(000's)

 

 

 

 

 

(000's)

 

 

 

 

 

(000's)

 

 

 

 

As of December 31, 2021

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Common Equity Tier 1 Capital
   (to Risk Weighted Assets)

 

$

256,943

 

 

 

14.26

%

 

$

81,074

 

 

 

4.50

%

 

$

117,112

 

 

 

6.50

%

Total Risk-Based Capital
   (to Risk Weighted Assets)

 

 

274,226

 

 

 

15.22

%

 

 

144,138

 

 

 

8.00

%

 

 

180,173

 

 

 

10.00

%

Tier 1 Capital
   (to Risk Weighted Assets)

 

 

256,943

 

 

 

14.26

%

 

 

108,104

 

 

 

6.00

%

 

 

144,138

 

 

 

8.00

%

Tier 1 Leverage Capital
   (to Adjusted Total Assets)

 

 

256,943

 

 

 

10.25

%

 

 

100,317

 

 

 

4.00

%

 

 

125,396

 

 

 

5.00

%