v3.26.1
Regulatory Capital Requirements (Tables)
 6 Months Ended
Jun. 30, 2026
Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations

The following is a comparison of the Company’s regulatory capital ratios to minimum capital ratio requirements as of June 30, 2026 and December 31, 2025:

 

(Dollars in thousands)            
           For capital 
   Actual   adequacy purposes 
   Amount   Ratio   Amount   Ratio (1) 
As of June 30, 2026                
Leverage  $162,442    10.29%  $63,121    4.0%
Common Equity Tier 1 Capital   141,442    11.89%   83,249    7.0%
Tier 1 Capital   162,442    13.66%   101,088    8.5%
Total Risk Based Capital   175,410    14.75%   124,874    10.5%
                     
As of December 31, 2025                    
Leverage  $154,316    9.77%  $63,151    4.0%
Common Equity Tier 1 Capital   133,316    11.26%   82,901    7.0%
Tier 1 Capital   154,316    13.03%   100,666    8.5%
Total Risk Based Capital   166,714    14.08%   124,352    10.5%

 

(1)The required ratios for capital adequacy purposes include a capital conservation buffer of 2.5%.

 

The following is a comparison of the Bank’s regulatory capital to minimum capital requirements as of June 30, 2026 and December 31, 2025:

 

                   To be well-capitalized 
                   under prompt 
(Dollars in thousands)      For capital   corrective 
   Actual   adequacy purposes   action provisions 
   Amount   Ratio   Amount   Ratio (1)   Amount   Ratio 
As of June 30, 2026                        
Leverage  $159,899    10.17%  $62,919    4.0%  $78,649    5.0%
Common Equity Tier 1 Capital   159,899    13.45%   83,196    7.0%   77,253    6.5%
Tier 1 Capital   159,899    13.45%   101,023    8.5%   95,081    8.0%
Total Risk Based Capital   172,867    14.54%   124,793    10.5%   118,851    10.0%
                               
As of December 31, 2025                              
Leverage  $152,915    9.67%  $63,223    4.0%  $79,029    5.0%
Common Equity Tier 1 Capital   152,915    12.92%   82,871    7.0%   76,951    6.5%
Tier 1 Capital   152,915    12.92%   100,629    8.5%   94,709    8.0%
Total Risk Based Capital   165,313    13.96%   124,306    10.5%   118,387    10.0%

 

(1)The required ratios for capital adequacy purposes include a capital conservation buffer of 2.5%.