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Regulatory Capital
3 Months Ended
Mar. 31, 2017
Banking and Thrift [Abstract]  
Regulatory Capital
Regulatory Capital
    
On July 2, 2013, the Board of Governors of the Federal Reserve Bank issued a final rule implementing a revised regulatory capital framework for U.S. banks in accordance with the Basel III international accord, ("Basel III"). Basel III includes a more stringent definition of capital and introduces a new common equity tier 1, or CET1, capital requirement, sets forth a comprehensive methodology for calculating risk-weighted assets, introduces a conservation buffer and sets out minimum capital ratios and overall capital adequacy standards. Under Basel III, certain deductions and adjustments to regulatory capital began to phase in starting January 1, 2015 and will be fully implemented on January 1, 2018. The capital conservation buffer required under Basel III began to phase in starting January 1, 2016 and will be fully implemented on January 1, 2019.
    
As of March 31, 2017 and December 31, 2016, the Company exceeded all capital adequacy requirements to which it is subject. Actual capital amounts and ratios for the Company and its bank subsidiary, as of March 31, 2017 and December 31, 2016 are presented in the following tables: 
 
Actual
 
Adequately Capitalized
 Basel III
Phase-In Schedule
 
Adequately Capitalized
Basel III
Fully Phased-In
 
Well Capitalized (1)
 
Amount
 Ratio
 
Amount
 Ratio
 
Amount
 Ratio
 
Amount
 Ratio
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Total risk-based capital:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
$
957,008

14.94
%
 
$
592,579

9.25
%
 
$
672,658

10.5
%
 
$
640,626

10.0
%
FIB
861,953

13.52

 
589,927

9.25

 
669,646

10.5

 
637,759

10.0

Tier 1 risk-based capital:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
880,777

13.75

 
464,454

7.25

 
544,532

8.5

 
512,501

8.0

FIB
785,722

12.32

 
462,375

7.25

 
542,095

8.5

 
510,207

8.0

Common equity tier 1 risk-based capital:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
800,777

12.50

 
368,360

5.75

 
448,438

7.0

 
416,407

6.5

FIB
785,722

12.32

 
366,711

5.75

 
446,431

7.0

 
414,543

6.5

Leverage capital ratio:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
880,777

10.09

 
349,244

4.00

 
349,244

4.0

 
436,555

5.0

FIB
785,722

9.02

 
348,525

4.00

 
348,525

4.0

 
435,656

5.0



 
Actual
 
Adequately Capitalized
 Basel III
Phase-In Schedule
 
Adequately Capitalized
Basel III
Fully Phased-In
 
Well Capitalized (1)
 
Amount
 Ratio
 
Amount
 Ratio
 
Amount
 Ratio
 
Amount
 Ratio
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Total risk-based capital:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
$
974,488

15.13
%
 
$
555,665

8.63
%
 
$
676,070

10.5
%
 
$
643,876

10.0
%
FIB
841,967

13.13

 
553,459

8.63

 
673,386

10.5

 
641,320

10.0

Tier 1 risk-based capital:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
894,273

13.89

 
426,890

6.63

 
547,295

8.5

 
$
515,101

8.0

FIB
765,753

11.94

 
425,195

6.63

 
545,122

8.5

 
513,056

8.0

Common equity tier 1 risk-based capital:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
814,273

12.65

 
330,308

5.13

 
450,713

7.0

 
$
418,519

6.5

FIB
765,753

11.94

 
328,997

5.13

 
448,924

7.0

 
416,858

6.5

Leverage capital ratio:
 
 
 
 
 
 
 
 
 
 
 
Consolidated
894,273

10.11

 
353,838

4.00

 
353,838

4.0

 
$
442,297

5.0

FIB
765,753

8.69

 
352,283

4.00

 
352,283

4.0

 
440,353

5.0

    
(1) The ratios for the well capitalized requirement are only applicable to FIB. However, the Company manages its capital position as if the requirement applies to the consolidated entity and has presented the ratios as if they also applied on a consolidated basis.