Regulatory Capital Requirements

12 Months Ended

Sep. 30, 2013

Banking And Thrift [Abstract]

Regulatory Capital Requirements

15. REGULATORY CAPITAL REQUIREMENTS

Federal regulations require the Bank to maintain certain minimum amounts of capital. Specifically, the Bank is required to maintain certain minimum dollar amounts and ratios of Total and Tier I capital to risk-weighted assets and of Tier I capital to average total assets.

In addition to the capital requirements, the Federal Deposit Insurance Corporation Improvement Act (“FDICIA”) established five capital categories ranging from “well capitalized” to “critically undercapitalized.” Should any institution fail to meet the requirements to be considered “adequately capitalized,” it would become subject to a series of increasingly restrictive regulatory actions. Management believes as of September 30, 2013, the Bank met all capital adequacy requirements to which it is subject.

As of September 30, 2013 and 2012, the FDIC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be classified as a well capitalized financial institution, Total risk-based, Tier I risk-based, core capital, and tangible equity capital ratios must be at least 10 percent, 6 percent, 5 percent, and 1.5 percent, respectively. There have been no conditions or events since the notification that management believes have changed the Bank’s category.

The following table reconciles the Bank’s capital under U.S. generally accepted accounting principles to regulatory capital (in thousands):

	2013			2012
Total stockholders’ equity	$	161,701		$	168,676
Accumulated other comprehensive (income) loss		1,235			(1,702	)
Unrealized loss on equity securities		(10	)		—
Goodwill and certain other intangible assets		(10,930	)		(11,812	)
Disallowed servicing assets		(37	)		(36	)
Tier I, core, and tangible capital		151,959			155,126
Allowance for loan losses		7,297			6,402
Unrealized gains on equity securities		—			4
Total risk-based capital	$	159,256		$	161,532

The Bank’s actual capital ratios are presented in the following table (in thousands):

	2013					2012
	Amount		Ratio			Amount		Ratio
Total Capital (to Risk-Weighted Assets)
Actual	$	159,256		20.4	%	$	161,532		19.6	%
For Capital Adequacy Purposes		62,603		8.0			65,962		8.0
To Be Well Capitalized		78,254		10.0			82,453		10.0
Tier I Capital (to Risk-Weighted Assets)
Actual	$	151,959		19.4	%	$	155,126		18.8	%
For Capital Adequacy Purposes		31,301		4.0			32,981		4.0
To Be Well Capitalized		46,952		6.0			49,972		6.0
Tier I Capital (to Adjusted Assets)
Actual	$	151,959		11.2	%	$	155,126		11.1	%
For Capital Adequacy Purposes		54,337		4.0			56,001		4.0
To Be Well Capitalized		67,921		5.0			70,002		5.0