Actual

Required to be

Adequately Capitalized

Excess Capital

To Be Well Capitalized Under Prompt Corrective Action Provisions⁽¹⁾

(Dollars in thousands)

Amount

Percent of Assets⁽²⁾

Amount

Percent of Assets ⁽²⁾

Amount

Percent of Assets⁽²⁾

Amount

Percent of Assets⁽²⁾

Bank stockholder’s equity

$

73,531

Plus:

Net unrealized gain on certain securities available for sale

(63

)

Less:

Goodwill and other intangibles

165

Disallowed servicing and tax assets

4,217

Common equity tier I capital

69,086

Common equity tier I capital ratio

14.05

%

$

22,126

4.50

%

$

46,960

9.55

%

$

31,960

6.50

%

Tier I capital

69,086

Tier I capital to adjusted total assets (leverage ratio)

11.45

%

$

24,131

4.00

%

$

44,955

7.45

%

$

30,164

5.00

%

Tier I capital to risk-weighted assets

14.05

%

$

29,501

6.00

%

$

39,585

8.05

%

$

39,335

8.00

%

Plus:

Allowable allowance for loan losses

6,211

Risk-based capital

$

75,297

$

39,335

$

35,962

$

49,169

Risk-based capital to risk- weighted assets

15.31

%

8.00

%

7.31

%

10.00

%