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Stockholders' Equity and Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2020
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations The following tables summarize both the Corporation’s and the Bank’s capital ratios and the ratios required by their federal regulators:
As of December 31, 2020
 ActualMinimum Required for Capital Adequacy PurposesFor Capital Adequacy Purposes Plus Capital Conservation BufferMinimum Required to Be Well Capitalized Under Prompt Corrective Action
Requirements
 AmountRatioAmountRatioAmountRatioAmountRatio
 (Dollars in Thousands)
Total capital
(to risk-weighted assets)
Consolidated$258,607 11.25 %$183,965 8.00 %$241,454 10.50 %N/AN/A
First Business Bank$251,116 10.97 %$183,053 8.00 %$240,257 10.50 %$228,816 10.00 %
Tier 1 capital
(to risk-weighted assets)
Consolidated$206,104 8.96 %$137,974 6.00 %$195,463 8.50 %N/AN/A
First Business Bank222,500 9.72 137,290 6.00 194,494 8.50 183,053 8.00 
Common equity tier 1 capital
(to risk-weighted assets)
Consolidated$196,042 8.53 %$103,480 4.50 %$160,970 7.00 %N/AN/A
First Business Bank222,500 9.72 102,967 4.50 160,171 7.00 148,731 6.50 
Tier 1 leverage capital
(to adjusted assets)
Consolidated$206,104 7.99 %$103,228 4.00 %$103,228 4.00 %N/AN/A
First Business Bank222,500 8.67 102,635 4.00 102,635 4.00 128,294 5.00 
As of December 31, 2019
 ActualMinimum Required for Capital Adequacy PurposesFor Capital Adequacy Purposes Plus Capital Conservation BufferMinimum Required to Be Well Capitalized Under Prompt Corrective Action
Requirements
 AmountRatioAmountRatioAmountRatioAmountRatio
 (Dollars in Thousands)
Total capital
(to risk-weighted assets)
Consolidated$239,029 12.01 %$159,185 8.00 %$208,930 10.50 %N/AN/A
First Business Bank233,181 11.79 158,177 8.00 207,607 10.50 %$197,721 10.00 %
Tier 1 capital
(to risk-weighted assets)
Consolidated$194,456 9.77 %$119,388 6.00 %$169,134 8.50 %N/AN/A
First Business Bank212,315 10.74 118,633 6.00 168,063 8.50 %$158,177 8.00 %
Common equity tier 1 capital
(to risk-weighted assets)
Consolidated$184,409 9.27 %$89,541 4.50 %$139,286 7.00 %N/AN/A
First Business Bank212,315 10.74 88,974 4.50 138,405 7.00 %$128,519 6.50 %
Tier 1 leverage capital
(to adjusted assets)
Consolidated$194,456 9.27 %$83,950 4.00 %$83,950 4.00 %N/AN/A
First Business Bank212,315 10.18 83,414 4.00 83,414 4.00 $104,268 5.00 %
Reconciliation of stockholders' equity to federal regulatory capital
The following table reconciles stockholders’ equity to federal regulatory capital at December 31, 2020 and 2019, respectively:
 As of December 31,
 20202019
 (In Thousands)
Stockholders’ equity of the Corporation$206,162 $194,156 
Net unrealized and accumulated losses on specific items
933 1,348 
Disallowed servicing assets(587)(629)
Disallowed goodwill and other intangibles(10,466)(10,466)
Junior subordinated notes10,062 10,047 
Tier 1 capital206,104 194,456 
Allowable general valuation allowances and subordinated debt52,503 44,573 
Total capital$258,607 $239,029