NOTE 10 - SHAREHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

Actual regulatory capital position and minimum capital requirements

The Bank's risk-weighted assets at September 30, 2021 and December 31, 2020 were $1.05 billion and $938.0 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
September 30, 2021
Total Capital (to risk-weighted assets)	$	149,213		14.20	%	$	84,080		8.0	%	$	110,355		10.5	%	$	105,100		10.0	%
Tier 1 Capital (to risk-weighted assets)		136,074		12.95			63,060		6.0			89,335		8.5			84,080		8.0
Common Equity Tier 1 Capital (to risk-weighted assets)		136,074		12.95			47,295		4.5			73,570		7.0			68,315		6.5
Tier 1 Capital (to average assets)	$	136,074		9.31		$	58,451		4.0		$	58,451		4.0		$	73,063		5.0
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			66,657		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