| Regulatory Matters |
The Company’s and the Bank’s actual regulatory capital amounts and ratios are presented in the following table.
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Regulatory Capital and Ratios
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The Company
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The Bank
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(dollars in thousands)
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December 31, 2015
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December 31, 2014
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December 31, 2015
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December 31, 2014
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Common Equity
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$ 99,783
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$ 96,559
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$ 132,571
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$ 126,838
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Preferred Stock -SBLF
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-
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20,000
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-
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-
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Total Stockholders' Equity
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99,783
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116,559
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132,571
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126,838
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AOCI Losses (Gains)
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251
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378
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251
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378
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Common Equity Tier 1 Capital
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100,034
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116,937
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132,822
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127,216
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TRUPs
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12,000
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12,000
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-
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-
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Tier 1 Capital
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112,034
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128,937
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132,822
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127,216
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Allowable Reserve for Credit Losses
and Other Tier 2 Adjustments
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8,540
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8,537
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8,540
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8,537
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Subordinated Notes
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23,000
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-
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-
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-
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Tier 2 Capital
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$ 143,574
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$ 137,474
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$ 141,362
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$ 135,753
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Risk-Weighted Assets ("RWA")
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$ 984,614
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$ 903,931
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$ 982,347
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$ 902,136
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Average Assets ("AA")
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$ 1,118,843
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$ 1,053,424
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$ 1,116,576
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$ 1,051,627
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2019 Regulatory
Min. Ratio + CCB (1)
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Common Tier 1 Capital to
RWA (2)
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7.00
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%
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10.16
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%
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n/a
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%
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13.52
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%
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n/a
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%
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Tier 1 Capital to RWA
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8.50
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11.38
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14.26
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13.52
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14.10
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Tier 2 Capital to RWA
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10.50
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14.58
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15.21
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14.39
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15.05
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Tier 1 Capital to AA (Leverage)
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n/a
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10.01
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12.24
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11.90
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12.10
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(1) These are the fully phased-in ratios as of January 1, 2019 that include the minimum capital ratio ("Min. Ratio") + the capital conservation buffer ("CCB"). The phase-in period is more fully described in the footnote above.
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(2) The Common Tier 1 ratio became effective for regulatory reporting purposes when the Company and the Bank became subject to the new Basel III Capital Rules during the three months ended March 31, 2015.
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