v3.25.4
REGULATORY CAPITAL (Tables)
 12 Months Ended
Dec. 31, 2025
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Our actual capital ratios of December 31, 2025 and December 31, 2024 are also presented in the following table.

Our actual capital ratios of December 31, 2025 and December 31, 2024 are also presented in the following table.

 

   Actual   Minimum For Capital Adequacy Purpose   Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions 
   Amount   Ratio   Amount   Ratio   Amount   Ratio 
   (Dollars in thousands) 
December 31, 2025                        
Total Capital (to Risk Weighted Assets):                              
Consolidated  $291,864    14.19%  $164,584    8.00%    N/A      N/A  
Bank   276,990    13.48    164,435    8.00   $205,544    10.00%
Tier 1 Capital (to Risk Weighted Assets):                              
Consolidated   251,103    12.21    123,438    6.00     N/A      N/A  
Bank   256,019    12.46    123,326    6.00    164,435    8.00 
Common Equity Tier 1 Capital (to Risk Weighted Assets):                              
Consolidated   251,103    12.21    92,578    4.50     N/A      N/A  
Bank   256,019    12.46    92,495    4.50    133,603    6.50 
Tier 1 Leverage Ratio (to Adjusted Average Assets):                              
Consolidated   251,103    9.13    110,013    4.00     N/A      N/A  
Bank   256,019    9.32    109,878    4.00    137,347    5.00 

 

   Actual   Minimum For Capital Adequacy Purpose   Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions 
   Amount   Ratio   Amount   Ratio   Amount   Ratio 
   (Dollars in thousands) 
December 31, 2024                        
Total Capital (to Risk Weighted Assets):                              
Consolidated  $285,545    14.38%  $158,884    8.00%    N/A      N/A  
Bank   270,879    13.65    158,744    8.00   $198,430    10.00%
Tier 1 Capital (to Risk Weighted Assets):                              
Consolidated   245,663    12.37    119,163    6.00     N/A      N/A  
Bank   250,748    12.64    119,058    6.00    158,744    8.00 
Common Equity Tier 1 Capital (to Risk Weighted Assets):                              
Consolidated   245,663    12.37    89,372    4.50     N/A      N/A  
Bank   250,748    12.64    89,293    4.50    128,979    6.50 
Tier 1 Leverage Ratio (to Adjusted Average Assets):                              
Consolidated   245,663    9.14    107,461    4.00     N/A      N/A  
Bank   250,748    9.34    107,390    4.00    134,237    5.00 
The following is a reconciliation of our GAAP capital to regulatory Tier 1, Common Equity Tier 1 and total capital:

The following is a reconciliation of our GAAP capital to regulatory Tier 1, Common Equity Tier 1 and total capital:

 

               
   December 31, 
   2025   2024 
   (Dollars in thousands) 
     
Consolidated GAAP capital  $247,637   $235,910 
Net unrealized losses on available-for-sale securities, net of tax   16,717    23,274 
Goodwill   (12,487)   (12,487)
Intangible assets, net of associated deferred tax liabilities   (764)   (1,034)
Tier 1 and Common Equity Tier 1 capital   251,103    245,663 
Allowance for credit losses for regulatory capital   20,971    20,131 
Subordinated debt   19,790    19,751 
Total regulatory capital  $291,864   $285,545