REGULATORY CAPITAL (Tables)

9 Months Ended

Sep. 30, 2021

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, 2021			December 31, 2020			September 30, 2021			December 31, 2020
Common equity			$	204,128		$	198,013		$	231,839		$	217,142
Goodwill			(10,835)			(10,835)			(10,835)			(10,835)
Core deposit intangible (net of deferred tax liability)			(851)			(1,129)			(851)			(1,129)
AOCI (gains) losses			9			(4,504)			9			(4,504)
Common Equity Tier 1 Capital			192,451			181,545			220,162			200,674
TRUPs			12,000			12,000			—			—
Tier 1 Capital			204,451			193,545			220,162			200,674
Allowable reserve for credit losses and other Tier 2 adjustments			18,630			19,475			18,630			19,475
Subordinated notes			19,496			19,526			—			—
Tier 2 Capital			$	242,577		$	232,546		$	238,792		$	220,149
Risk-Weighted Assets ("RWA")			$	1,618,114		$	1,582,581		$	1,616,802		$	1,580,786
Average Assets ("AA")			$	2,172,192		$	2,025,061		$	2,170,563		$	2,023,325
Regulatory Min. Ratio + CCB (1)
Common Tier 1 Capital to RWA	7.00	%	11.89		%	11.47		%	13.62		%	12.69		%
Tier 1 Capital to RWA	8.50		12.64			12.23			13.62			12.69
Tier 2 Capital to RWA	10.50		14.99			14.69			14.77			13.93
Tier 1 Capital to AA (Leverage) (2)	n/a		9.41			9.56			10.14			9.92

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(1)The regulatory minimum capital ratio ("Min. Ratio") + the capital conservation buffer ("CCB").

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