The capital amounts and ratios at March 31, 2016 and December 31, 2015 for the Bank are presented in the table below (dollars in thousands):

									For Capital							Minimum Capital Adequacy
		Actual							Adequacy Purposes							with Capital buffer							To be Well Capitalized
		Amount			Ratio				Amount			Ratio				Amount			Ratio				Amount			Ratio
March 31, 2016
Total capital (to risk- weighted assets) Village Bank			43,368,000			14.20	%			24,435,000			8.00	%			25,634,400			8.625	%			30,544,000			10.00	%
Tier 1 capital (to risk- weighted assets) Village Bank			39,757,000			13.02	%			12,217,000			4.00	%			20,235,000			6.625	%			18,326,000			6.00	%
Leverage ratio (Tier 1 capital to average assets) Village Bank			39,757,000			9.50	%			16,738,000			4.00	%			N/A			N/A				20,922,000			5.00	%
Common equity tier 1 (to risk-weighted assets) VillageBank			39,757,000			13.02	%			13,745,000			4.50	%			15,654,000			5.125	%			19,853,000			6.50	%
December 31, 2015
Total capital (to risk- weighted assets) Village Bank			42,695,000			14.02	%			24,369,000			8.00	%			N/A			N/A				30,461,000			10.00	%
Tier 1 capital (to risk- weighted assets) Village Bank			39,133,000			12.85	%			12,184,000			4.00	%			N/A			N/A				18,277,000			6.00	%
Leverage ratio (Tier 1 capital to average assets) Village Bank			39,133,000			9.33	%			16,776,000			4.00	%			N/A			N/A				20,970,000			5.00	%
Common equity tier 1 (to risk-weighted assets) VillageBank			39,133,000			12.85	%			13,707,000			4.50	%			N/A			N/A				15,231,000			6.50	%