| Actual Capital Amounts and Ratios |
The Bank and the Company reported the following capital ratios as of March 31, 2025 and December
31, 2024:
| (Bank Only) |
|
|
|
|
|
|
|
Minimum for
|
|
|
|
|
|
|
|
|
|
Capital Adequacy plus |
| |
As of March 31, 2025 |
Well
|
Capital Conservation |
|
(dollars in thousands)
|
|
Amount
|
|
|
Ratio
|
|
|
Capitalized(1)
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
|
658,909
|
|
|
|
10.533
|
%
|
|
|
5.000
|
%
|
|
|
4.000
|
%
|
|
Common equity tier 1 capital
|
|
|
658,909
|
|
|
|
18.660
|
|
|
|
6.500
|
|
|
|
7.000
|
|
|
Tier 1 risk-based capital
|
|
|
658,909
|
|
|
|
18.660
|
|
|
|
8.000
|
|
|
|
8.500
|
|
|
Total risk-based capital
|
|
|
703,154
|
|
|
|
19.913
|
|
|
|
10.000
|
|
|
|
10.500
|
|
|
|
|
|
|
|
|
|
|
Minimum for
|
|
| |
|
Capital Adequacy plus |
| As of December 31, 2024 |
Well
|
Capital Conservation |
|
(dollars in thousands)
|
|
Amount
|
|
|
Ratio
|
|
|
Capitalized(1)
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
|
652,668
|
|
|
|
10.618
|
%
|
|
|
5.000
|
%
|
|
|
4.000
|
%
|
|
Common equity tier 1 capital
|
|
|
652,668
|
|
|
|
18.542
|
|
|
|
6.500
|
|
|
|
7.000
|
|
|
Tier 1 risk-based capital
|
|
|
652,668
|
|
|
|
18.542
|
|
|
|
8.000
|
|
|
|
8.500
|
|
|
Total risk-based capital
|
|
|
696,767
|
|
|
|
19.795
|
|
|
|
10.000
|
|
|
|
10.500
|
|
|
(Consolidated)
|
|
|
|
|
|
|
|
|
|
|
|
Minimum for
|
|
| |
|
Capital Adequacy plus |
| |
As of March 31, 2025
|
Capital Conservation |
|
(dollars in thousands)
|
|
Amount
|
|
|
Ratio
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
|
687,387
|
|
|
|
10.984
|
%
|
|
|
4.000
|
%
|
|
Common equity tier 1 capital
|
|
|
687,387
|
|
|
|
19.461
|
|
|
|
7.000
|
|
|
Tier 1 risk-based capital
|
|
|
687,387
|
|
|
|
19.461
|
|
|
|
8.500
|
|
|
Total risk-based capital
|
|
|
731,643
|
|
|
|
20.714
|
|
|
|
10.500
|
|
|
|
|
|
|
|
Minimum for
|
|
| |
|
Capital Adequacy plus |
| |
As of December 31, 2024 |
Capital Conservation |
|
(dollars in thousands)
|
|
Amount
|
|
|
Ratio
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
|
679,651
|
|
|
|
11.054
|
%
|
|
|
4.000
|
%
|
|
Common equity Tier 1 capital
|
|
|
679,651
|
|
|
|
19.303
|
|
|
|
7.000
|
|
|
Tier 1 risk-based capital
|
|
|
679,651
|
|
|
|
19.303
|
|
|
|
8.500
|
|
|
Total risk-based capital
|
|
|
723,762
|
|
|
|
20.556
|
|
|
|
10.500
|
|
| (1) |
Federal regulatory minimum requirements to be
considered to be Well Capitalized and Adequately Capitalized
|
| (2) |
The March 31, 2025 and December 31, 2024 common
equity tier 1, tier 1 risk-based, and total risk-based capital ratios include a capital conservation buffer of 2.50 percent
|
|