REGULATORY CAPITAL (Tables)

3 Months Ended

Mar. 31, 2022

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)			March 31, 2022			December 31, 2021			March 31, 2022			December 31, 2021
Common equity			$	193,140		$	208,133		$	222,753		$	236,561
Goodwill			(10,835)			(10,835)			(10,835)			(10,835)
Core deposit intangible (net of deferred tax liability)			(685)			(766)			(685)			(766)
AOCI losses			18,969			1,952			18,969			1,952
Common Equity Tier 1 Capital			200,589			198,484			230,202			226,912
TRUPs			12,000			12,000			—			—
Tier 1 Capital			212,589			210,484			230,202			226,912
Allowable reserve for credit losses and other Tier 2 adjustments			21,619			18,468			21,619			18,468
Subordinated notes			19,524			19,510			—			—
Tier 2 Capital			$	253,732		$	248,462		$	251,821		$	245,380
Risk-Weighted Assets ("RWA")			$	1,731,539		$	1,665,296		$	1,729,914		$	1,663,831
Average Assets ("AA")			$	2,319,531		$	2,281,210		$	2,317,923		$	2,279,835
Regulatory Minimum Ratio + CCB (1)
Common Tier 1 Capital to RWA	7.00	%	11.58		%	11.92		%	13.31		%	13.64		%
Tier 1 Capital to RWA	8.50		12.28			12.64			13.31			13.64
Tier 2 Capital to RWA	10.50		14.65			14.92			14.56			14.75
Tier 1 Capital to AA (Leverage) (2)	n/a		9.17			9.23			9.93			9.95

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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%.