NOTE 14 – SHAREHOLDERS’ EQUITY (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Actual regulatory capital position and minimum capital requirements

The Bank’s risk-weighted assets at December 31, 2020 and December 31, 2019 were $938.0 million and $891.6 million, respectively. Actual regulatory capital position and minimum capital requirements as defined "To Be Well Capitalized Under Prompt Corrective Action Provisions" and "For Capital Adequacy Purposes" for the Bank are as follows:

	Actual					Minimum Capital Required For Capital Adequacy					Minimum Capital Required For Capital Adequacy Plus Required Capital Conservation Buffer					Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
December 31, 2020
Total Capital (to risk-weighted assets)	$	127,254		13.57	%	$	75,037		8.0	%	$	98,486		10.5	%	$	93,796		10.0	%
Tier 1 Capital (to risk-weighted assets)		115,503		12.31			56,278		6.0			79,727		8.5			75,037		8.0
Common Equity Tier 1 Capital (to risk-weighted assets)		115,503		12.31			42,208		4.5			65,657		7.0			60,967		6.5
Tier 1 Capital (to average assets)	$	115,503		8.90			51,907		4.0			51,907		4.0			64,884		5.0
December 31, 2019
Total Capital (to risk-weighted assets)	$	114,421		12.84	%	$	71,278		8.0	%	$	93,553		10.5	%	$	89,098		10.0	%
Tier 1 Capital (to risk-weighted assets)		105,430		11.83			53,459		6.0			75,733		8.5			71,278		8.0
Common Equity Tier 1 Capital (to risk-weighted assets)		105,430		11.83			40,094		4.5			62,368		7.0			57,914		6.5
Tier 1 Capital (to average assets)	$	105,430		9.60			43,944		4.0		$	43,944		4.0		$	54,930		5.0