Capital Matters (Tables)

12 Months Ended

Dec. 31, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Bank's Tier 1 (leverage) and risk-based capital ratios

The Bank’s Tier 1 (leverage) and risk-based capital ratios at December 31, 2019 and 2018, respectively, are presented below:

	Actual				For Capital Adequacy Purposes					To Be Well Capitalized Under Prompt Corrective Action  Provisions
	Amount		Ratio		Amount			Ratio		Amount			Ratio
As of December 31, 2019
Total capital (to risk weighted assets)	$	160,302,000	13.1	%	$	98,174,000	> =	8.0	%	$	122,718,000	> =	10.0	%
Tier 1 capital (to risk weighted assets)	149,982,000		12.2	%	73,631,000		> =	6.0	%	98,174,000		> =	8.0	%
Common equity tier 1 capital (to risk weighted assets)	149,982,000		12.2	%	55,223,000		> =	4.5	%	79,767,000		> =	6.5	%
Tier 1 leverage ratio (to adjusted total assets)	149,982,000		10.4	%	57,834,000		> =	4.0	%	72,293,000		> =	5.0	%
As of December 31, 2018
Total capital (to risk weighted assets)	$	126,440,000	12.7	%	$	79,651,000	> =	8.0	%	$	99,563,000	> =	10.0	%
Tier 1 capital (to risk weighted assets)	118,836,000		11.9	%	59,738,000		> =	6.0	%	79,651,000		> =	8.0	%
Common equity tier 1 capital (to risk weighted assets)	118,836,000		11.9	%	44,804,000		> =	4.5	%	64,716,000		> =	6.5	%
Tier 1 leverage ratio (to adjusted total assets)	118,836,000		9.7	%	48,976,000		> =	4.0	%	61,220,000		> =	5.0	%

The Company’s Tier 1 (leverage) and risk-based capital ratios at December 31, 2019 and 2018, respectively, are presented below:

	Actual				For Capital Adequacy Purposes					To Be Well Capitalized Under Prompt Corrective Action  Provisions
	Amount		Ratio		Amount			Ratio		Amount			Ratio
As of December 31, 2019
Total capital (to risk weighted assets)	$	137,259,000	11.2	%	$	98,174,000	> =	8.0	%	$	122,718,000	> =	10.0	%
Tier 1 capital (to risk weighted assets)	111,939,000		9.1	%	73,631,000		> =	6.0	%	98,174,000		> =	8.0	%
Common equity tier 1 capital (to risk weighted assets)	111,939,000		9.1	%	55,223,000		> =	4.5	%	79,767,000		> =	6.5	%
Tier 1 leverage ratio (to adjusted total assets)	111,939,000		7.7	%	57,834,000		> =	4.0	%	72,293,000		> =	5.0	%
As of December 31, 2018
Total capital (to risk weighted assets)	$	123,657,000	12.4	%	$	79,651,000	> =	8.0	%	$	99,563,000	> =	10.0	%
Tier 1 capital (to risk weighted assets)	101,053,000		10.2	%	59,738,000		> =	6.0	%	79,651,000		> =	8.0	%
Common equity tier 1 capital (to risk weighted assets)	101,053,000		10.2	%	44,804,000		> =	4.5	%	64,716,000		> =	6.5	%
Tier 1 leverage ratio (to adjusted total assets)	101,053,000		8.3	%	48,976,000		> =	4.0	%	61,220,000		> =	5.0	%

Dividends

The following table reflects the annual cash dividend paid in the three months ended December 31, 2019 and years ended September 30, 2018 and 2018 respectively.

	December 31, 2019		December 31, 2018		September 30, 2018
Cash dividends per share	$	0.20	$	—	$	0.20
Stockholder record date	02/08/2019		NA		02/09/2018
Dividend payment date	03/08/2019		NA		03/08/2018