REGULATORY CAPITAL (Tables)

6 Months Ended

Jun. 30, 2022

Regulatory Assets and Liabilities Disclosure [Abstract]

Regulatory Capital Amounts and Ratios

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

Regulatory Capital and Ratios	Regulatory Minimum Ratio + CCB(1)	The Company						The Bank
(dollars in thousands)		June 30, 2022			December 31, 2021			June 30, 2022			December 31, 2021
Common equity		$	184,871		$	208,133		$	212,697		$	236,561
Goodwill		(10,835)			(10,835)			(10,835)			(10,835)
Core deposit intangible (net of deferred tax liability)		(609)			(766)			(609)			(766)
AOCI losses		31,847			1,952			31,847			1,952
Common Equity Tier 1 Capital		205,274			198,484			233,100			226,912
TRUPs		12,000			12,000			—			—
Tier 1 Capital		217,274			210,484			233,100			226,912
Allowable reserve for credit losses and other Tier 2 adjustments		21,666			18,468			21,666			18,468
Subordinated notes		19,538			19,510			—			—
Tier 2 Capital		$	258,478		$	248,462		$	254,766		$	245,380
Risk-Weighted Assets ("RWA")		$	1,760,591		$	1,665,296		$	1,758,662		$	1,663,831
Average Assets ("AA")		$	2,306,077		$	2,281,210		$	2,304,266		$	2,279,835
Common Tier 1 Capital to RWA	7.00%	11.66		%	11.92		%	13.25		%	13.64		%
Tier 1 Capital to RWA	8.50%	12.34			12.64			13.25			13.64
Tier 2 Capital to RWA	10.50%	14.68			14.92			14.49			14.75
Tier 1 Capital to AA (Leverage) (2)	n/a	9.42			9.23			10.12			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%.