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REGULATORY MATTERS (Tables)
12 Months Ended
Dec. 31, 2020
Regulatory Matters [Abstract]  
Schedule of capital amounts and ratios for southern national and sonabank

The following table provides a comparison of the leverage and risk-weighted capital ratios of Sonabank at the periods indicated to the minimum and well-capitalized required regulatory standards:

Required

 

For Capital

To Be Categorized as

Actual

Adequacy Purposes 

Well Capitalized (1)

    

Amount

    

Ratio

    

Amount

    

Ratio

    

Amount

    

Ratio

December 31, 2020

 

  

 

  

 

  

 

  

 

  

 

  

Sonabank

 

 

 

 

 

Common equity tier 1 capital ratio

$

334,540

15.83

%  

$

95,078

 

4.50

%  

$

137,334

6.50

%

Tier 1 risk-based capital ratio

 

334,540

 

15.83

%  

 

126,770

 

6.00

%  

 

169,027

8.00

%

Total risk-based capital ratio

 

361,073

 

17.09

%  

 

169,027

 

8.00

%  

 

211,284

10.00

%

Leverage ratio

 

334,540

 

11.25

%  

 

124,046

 

4.00

%  

 

105,642

5.00

%

 

 

 

 

 

December 31, 2019

 

 

 

 

 

Sonabank

 

 

 

 

 

Common equity tier 1 capital ratio

$

313,354

14.81

%  

$

95,229

 

4.50

%  

$

137,553

6.50

%

Tier 1 risk-based capital ratio

 

313,354

 

14.81

%  

 

126,972

 

6.00

%  

 

169,296

8.00

%

Total risk-based capital ratio

 

323,615

 

15.29

%  

 

169,296

 

8.00

%  

 

211,619

10.00

%

Leverage ratio

 

313,354

 

12.07

%  

 

103,838

 

4.00

%  

 

105,810

5.00

%

 

  

 

  

 

  

 

  

 

  

(1)Prompt corrective action provisions are not applicable at the bank holding company level.