Regulatory Capital (Tables)

9 Months Ended

Sep. 30, 2019

Regulatory Assets and Liabilities Disclosure [Abstract]

Regulatory

The Company’s and the Bank’s actual regulatory capital amounts and ratios are presented in the following table.

Regulatory Capital and Ratios			The Company						The Bank
(dollars in thousands)			September 30, 2019			December 31, 2018			September 30, 2019			December 31, 2018
Common equity			$	167,409		$	154,482		$	198,938		$	185,073
Goodwill			(10,835		)	(10,835		)	(10,835		)	(10,835		)
Core deposit intangible (net of deferred tax liability)			(1,653		)	(2,034		)	(1,653		)	(2,034		)
AOCI (gains) losses			(1,715		)	1,847			(1,715		)	1,847
Common Equity Tier 1 Capital			153,206			143,460			184,735			174,051
TRUPs			12,000			12,000			—			—
Tier 1 Capital			165,206			155,460			184,735			174,051
Allowable reserve for credit losses and other Tier 2 adjustments			11,303			11,027			11,303			11,027
Subordinated notes			23,000			23,000			—			—
Tier 2 Capital			$	199,509		$	189,487		$	196,038		$	185,078
Risk-Weighted Assets ("RWA")			$	1,479,901		$	1,384,807		$	1,478,474		$	1,383,048
Average Assets ("AA")			$	1,740,743		$	1,635,594		$	1,738,619		$	1,632,846
2019 Regulatory Min. Ratio + CCB(1)
Common Tier 1 Capital to RWA	7.00	%	10.35		%	10.36		%	12.49		%	12.58		%
Tier 1 Capital to RWA	8.50		11.16			11.23			12.49			12.58
Tier 2 Capital to RWA	10.50		13.48			13.68			13.26			13.38
Tier 1 Capital to AA (Leverage) (2)	n/a		9.49			9.50			10.63			10.66

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(1) These are the fully phased-in ratios as of January 1, 2019 that include the minimum capital ratio ("Min. Ratio") + the capital conservation buffer ("CCB"). The phase-in period is more fully described in the footnote above.

(2) Tier 1 Capital to AA (Leverage) has no capital conservation buffer defined. PCA well capitalized is defined as 5.00%.