Regulatory Matters

3 Months Ended

Mar. 31, 2013

Regulatory Matters [Abstract]

Regulatory Matters

Note 9—Regulatory Matters

Codorus Valley and PeoplesBank are subject to various regulatory capital requirements. Failure to meet minimum capital requirements can initiate certain mandatory and possible additional discretionary actions by regulators that, if imposed, could have a material effect on Codorus Valley's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, Codorus Valley and PeoplesBank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators.

Quantitative measures established by regulators to ensure capital adequacy require Codorus Valley and PeoplesBank to maintain minimum ratios, as set forth below, to total and Tier 1 capital as a percentage of risk-weighted assets, and of Tier 1 capital to quarter-to-date average assets (leverage ratio). Management believes that Codorus Valley and PeoplesBank were well capitalized on March 31, 2013 based on regulatory capital guidelines.

	Actual					Minimum for Capital Adequacy					Well Capitalized Minimum*
(dollars in thousands)	Amount		Ratio			Amount		Ratio			Amount		Ratio
Codorus Valley Bancorp, Inc. (consolidated)
at March 31, 2013
Capital ratios:
Tier 1 risk based	$	107,874		13.52	%	$	31,926		4.00	%		n/a		n/a
Total risk based		117,360		14.70			63,852		8.00			n/a		n/a
Leverage		107,874		10.29			41,939		4.00			n/a		n/a
at December 31, 2012
Capital ratios:
Tier 1 risk based	$	105,597		13.59	%	$	31,074		4.00	%		n/a		n/a
Total risk based		114,899		14.79			62,147		8.00			n/a		n/a
Leverage		105,597		10.02			42,143		4.00			n/a		n/a
PeoplesBank, A Codorus Valley Company
at March 31, 2013
Capital ratios:
Tier 1 risk based	$	104,430		13.13	%	$	31,811		4.00	%	$	47,716		6.00	%
Total risk based		113,916		14.32			63,621		8.00			79,527		10.00
Leverage		104,430		9.99			41,824		4.00			52,280		5.00
at December 31, 2012
Capital ratios:
Tier 1 risk based	$	102,120		13.20	%	$	30,951		4.00	%	$	46,427		6.00	%
Total risk based		111,422		14.40			61,902		8.00			77,378		10.00
Leverage		102,120		9.72			42,020		4.00			52,526		5.00

* To be well capitalized under prompt corrective action provisions.