| Schedule of accumulated other comprehensive loss |
The following table presents the cumulative balances of the components of accumulated other comprehensive loss, net of deferred taxes of $6,000 and $199,000 as of June 30, 2019 and December 31, 2018 (in thousands):
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June 30,
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December 31,
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2019
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2018
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Net unrealized losses on securities
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$
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26
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$
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(696)
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Net unrecognized losses on defined benefit plan
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(49)
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(53)
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Total other comprehensive loss
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$
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(23)
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$
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(749)
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| Schedule of capital amounts and ratios |
The capital amounts and ratios at June 30, 2019 and December 31, 2018 for the Bank are presented in the table below (dollars in thousands):
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For Capital
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Actual
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Adequacy Purposes
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To be Well Capitalized
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Amount
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Ratio
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Amount
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Ratio
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Amount
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Ratio
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June 30, 2019
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Total capital (to risk-weighted assets) Village Bank
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$
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51,555
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12.44
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%
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$
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33,163
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8.00
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%
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$
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41,454
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10.00
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%
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Tier 1 capital (to risk-weighted assets) Village Bank
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48,508
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11.70
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%
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24,872
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6.00
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%
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33,163
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8.00
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%
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Leverage ratio (Tier 1 capital to average assets) Village Bank
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48,508
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9.36
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%
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20,737
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4.00
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%
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25,921
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5.00
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%
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Common equity tier 1 (to risk-weighted assets) Village Bank
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48,508
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11.70
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%
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18,654
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4.50
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%
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26,945
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6.50
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%
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December 31, 2018
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Total capital (to risk-weighted assets) Village Bank
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$
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49,926
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12.46
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%
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$
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32,051
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8.00
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%
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$
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40,064
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10.00
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%
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Tier 1 capital (to risk-weighted assets) Village Bank
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46,875
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11.70
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%
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24,038
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6.00
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%
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32,051
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8.00
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%
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Leverage ratio (Tier 1 capital to average assets) Village Bank
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46,875
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9.15
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%
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20,502
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4.00
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%
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25,628
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5.00
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%
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Common equity tier 1 (to risk-weighted assets) Village Bank
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46,875
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11.70
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%
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18,029
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4.50
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%
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26,042
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6.50
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%
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