To be well

capitalized under

For capital

prompt corrective

Actual

adequacy purposes

action provisions

December 31, 2023

Amount

Ratio

Amount

Ratio

Amount

Ratio

(dollars in thousands)

Tier 1 Leverage ratio

$

162,125

18.50

%

$

35,055

4.00

%

$

43,819

5.00

%

Tier 1 capital (to risk-weighted assets)

$

162,125

24.00

%

$

40,523

6.00

%

$

54,031

8.00

%

Common Equity Tier 1 Capital Ratio (to risk-weighted assets)

$

162,125

24.00

%

$

30,393

4.50

%

$

43,900

6.50

%

Total Capital ratio (to risk-weighted assets)

$

170,571

25.26

%

$

54,031

8.00

%

$

67,539

10.00

%

December 31, 2022

Tier 1 Leverage ratio

$

109,939

13.39

%

$

32,845

4.00

%

$

41,057

5.00

%

Tier 1 capital (to risk-weighted assets)

$

109,939

16.76

%

$

39,361

8.50

%

$

52,482

8.00

%

Common Equity Tier 1 Capital Ratio (to risk-weighted assets)

$

109,939

16.76

%

$

29,521

7.00

%

$

42,642

6.50

%

Total Capital ratio (to risk-weighted assets)

$

113,757

17.34

%

$

52,482

10.50

%

$

65,602

10.00

%