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Regulatory Requirements (Tables)
12 Months Ended
Dec. 31, 2019
Banking And Thrift [Abstract]  
Schedule of Bank's Actual Capital Amounts and Ratios, and Minimum Capital Requirement Amounts and Ratios Per Regulatory Capital Framework

The following tables present the Company’s and the Bank’s actual capital amounts and ratios, and the minimum capital requirement amounts and ratios per the regulatory capital framework, as of the dates stated.

 

 

 

Actual

 

 

Minimum

Capital Requirement

 

 

Minimum

To Be Well

Capitalized

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

As of December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Risk Based Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

153,766

 

 

 

16.23

%

 

$

99,494

 

 

 

10.50

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

123,346

 

 

 

13.07

%

 

 

99,068

 

 

 

10.50

%

 

$

94,350

 

 

 

10.00

%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

115,118

 

 

 

12.15

%

 

 

80,543

 

 

 

8.50

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

115,699

 

 

 

12.26

%

 

 

80,198

 

 

 

8.50

%

 

 

75,480

 

 

 

8.00

%

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

115,118

 

 

 

12.15

%

 

 

66,329

 

 

 

7.00

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

115,699

 

 

 

12.26

%

 

 

66,045

 

 

 

7.00

%

 

 

61,328

 

 

 

6.50

%

Tier 1 leverage ratio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

115,118

 

 

 

10.33

%

 

 

44,597

 

 

 

4.00

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

115,699

 

 

 

10.42

%

 

 

44,430

 

 

 

4.00

%

 

 

55,537

 

 

 

5.00

%

 

 

 

Actual

 

 

Minimum

Capital Requirement

 

 

Minimum

To Be Well

Capitalized

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

As of December 31, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Risk Based Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

122,177

 

 

 

13.41

%

 

$

89,979

 

 

 

9.875

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

106,077

 

 

 

11.68

%

 

 

89,691

 

 

 

9.875

%

 

$

90,826

 

 

 

10.00

%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

107,286

 

 

 

11.77

%

 

 

71,756

 

 

 

7.875

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

98,078

 

 

 

10.80

%

 

 

71,526

 

 

 

7.875

%

 

 

72,661

 

 

 

8.00

%

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

107,286

 

 

 

11.77

%

 

 

58,088

 

 

 

6.375

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

98,078

 

 

 

10.80

%

 

 

57,902

 

 

 

6.375

%

 

 

59,037

 

 

 

6.50

%

Tier 1 leverage ratio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

107,286

 

 

 

10.28

%

 

 

41,735

 

 

 

4.000

%

 

N/A

 

 

N/A

 

Virginia Commonwealth Bank

 

 

98,078

 

 

 

9.42

%

 

 

41,631

 

 

 

4.000

%

 

 

52,039

 

 

 

5.00

%