| Schedule of accumulated other comprehensive income (loss) |
The following table presents the cumulative balances of the components of accumulated other comprehensive income (loss), net of deferred taxes of $(3,000) and $14,000 as of March 31, 2021 and December 31, 2020, respectively (in thousands):
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March 31,
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December 31,
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2021
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2020
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Net unrealized gains on securities
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$
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24
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$
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466
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Net unrecognized losses on defined benefit plan
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(34)
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(36)
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Total accumulated other comprehensive (loss) income
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$
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(10)
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$
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430
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| Schedule of capital amounts and ratios |
The capital amounts and ratios at March 31, 2021 and December 31, 2020 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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March 31, 2021
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Total capital (to risk- weighted assets) Village Bank
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$
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69,616
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14.85
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%
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$
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37,515
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8.00
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%
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$
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46,894
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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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65,624
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13.99
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%
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28,136
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6.00
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%
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37,515
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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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65,624
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9.68
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%
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27,124
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4.00
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%
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33,905
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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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65,624
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13.99
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%
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21,102
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4.50
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%
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30,481
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6.50
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%
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December 31, 2020
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Total capital (to risk- weighted assets) Village Bank
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$
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65,723
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14.20
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%
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$
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37,015
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8.00
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%
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$
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46,269
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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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61,753
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13.35
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%
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27,761
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6.00
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%
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37,015
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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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61,753
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9.28
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%
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26,607
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4.00
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%
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33,259
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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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61,753
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13.35
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%
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20,821
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4.50
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%
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30,075
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6.50
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%
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