Regulatory Capital (Tables)

3 Months Ended

Mar. 31, 2023

Regulatory Assets and Liabilities Disclosure [Abstract]

Regulatory Matters

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)		March 31, 2023			December 31, 2022			March 31, 2023			December 31, 2022
Common equity		$	198,806		$	187,011		$	227,967		$	216,408
Goodwill		(10,835)			(10,835)			(10,835)			(10,835)
Core deposit intangible (net of deferred tax liability)		(414)			(477)			(414)			(477)
AOCI losses		37,896			43,092			37,896			43,092
Common Equity Tier 1 Capital		225,453			218,791			254,614			248,188
TRUPs		12,000			12,000			—			—
Tier 1 Capital		237,453			230,791			254,614			248,188
Allowable reserve for credit losses and other Tier 2 adjustments		23,911			23,303			23,911			23,303
Subordinated notes		19,580			19,566			—			—
Tier 2 Capital		$	280,944		$	273,660		$	278,525		$	271,491
Risk-Weighted Assets ("RWA")		$	1,956,402		$	1,943,516		$	1,954,574		$	1,941,922
Average Assets ("AA")		$	2,453,436		$	2,404,643		$	2,451,758		$	2,403,268
Common Tier 1 Capital to RWA	7.00%	11.52		%	11.26		%	13.03		%	12.78		%
Tier 1 Capital to RWA	8.50%	12.14			11.87			13.03			12.78
Tier 2 Capital to RWA	10.50%	14.36			14.08			14.25			13.98
Tier 1 Capital to AA (Leverage) (2)	n/a	9.68			9.60			10.38			10.33

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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%.