Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2020

Capital Ratios Excluding the Capital Conservation Buffer

The following tables summarize the actual and required capital amounts of the Company and the Bank as of year-end.

	Actual					To Be Well Capitalized Under Prompt Corrective Action Regulations
2020	Amount		Ratio			Amount		Ratio
Tier 1 capital (to average assets)
Consolidated	$	134,957		11.7	%	$	91,937		8.0	%
Bank		120,989		10.7			90,407		8.0

	Actual					Minimum Regulatory			Minimum To Be Well
2019	Amount		Ratio			Capital Ratio ⁽²⁾			Capitalized ⁽¹⁾
Total capital (to risk weighted assets)
Consolidated	$	134,930		18.7	%		8.0	%		10.0	%
Bank		120,716		17.0			8.0			10.0
Common equity Tier 1 capital (to risk weighted assets)
Consolidated		120,158		16.6			4.5			N/A
Bank		114,772		16.1			4.5			6.5
Tier 1 capital (to risk weighted assets)
Consolidated		128,658		17.8			6.0			6.0
Bank		114,772		16.1			6.0			8.0
Tier 1 capital (to average assets)
Consolidated		128,658		12.5			4.0			N/A
Bank		114,772		11.3			4.0			5.0

(1)

For the Company, these amounts would be required for the Company to engage in activities permissible only for a bank holding company that meets the financial holding company requirements if the Company were not subject to the SBHCP. For the Bank, these are the amounts required for the Bank to be deemed well capitalized under the prompt corrective action regulations.

(2)

Excludes capital conservation buffer of 2.50%.