Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

Shareholders' Equity [Abstract]

Summary of Activity under Repurchase Plan

A summary of the activity under the RP is as follows:

	Year Ended December 31,
	2022		2021
Number of shares repurchased		-		-
Average price of shares repurchased	$	-	$	-
Shares remaining to be repurchased		750,000		750,000

Actual Capital Amounts and Ratios

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

	Actual					Minimum Capital Requirements					With Capital Conservation Buffer					Minimum To Be Well Capitalized Under Prompt Corrective Action
	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
As of December 31, 2022
Total capital to risk-weighted assets
Company	$	158,158		12.41	%	$	101,990		8.00	%	$	133,862		10.50	%		N/A		N/A
Bank		158,158		12.42	%		101,909		8.00	%		133,756		10.50	%		127,387		10.00	%
Tier I capital to risk-weighted assets
Company		143,424		11.25	%		76,493		6.00	%		108,365		8.50	%		N/A		N/A
Bank		143,424		11.26	%		76,432		6.00	%		108,279		8.50	%		101,909		8.00	%
CET I capital to risk-weighted assets
Company		143,424		11.25	%		57,370		4.50	%		89,241		7.00	%		N/A		N/A
Bank		143,424		11.26	%		57,324		4.50	%		89,171		7.00	%		82,801		6.50	%
Tier I capital to average assets
Company		143,424		9.19	%		62,460		4.00	%		N/A		N/A			N/A		N/A
Bank		143,424		9.18	%		62,489		4.00	%		N/A		N/A			78,111		5.00	%
As of December 31, 2021
Total capital to risk-weighted assets
Company	$	127,946		12.54	%	$	81,620		8.00	%	$	107,126		10.50	%		N/A		N/A
Bank		127,844		12.54	%		81,539		8.00	%		107,020		10.50	%	$	101,924		10.00	%
Tier I capital to risk-weighted assets
Company		117,631		11.53	%		61,215		6.00	%		86,721		8.50	%		N/A		N/A
Bank		117,528		11.53	%		61,154		6.00	%		86,635		8.50	%		81,539		8.00	%
CET I capital to risk-weighted assets
Company		117,631		11.53	%		45,911		4.50	%		71,417		7.00	%		N/A		N/A
Bank		117,528		11.53	%		45,866		4.50	%		71,347		7.00	%		66,250		6.50	%
Tier I capital to average assets
Company		117,631		10.56	%		44,571		4.00	%		N/A		N/A			N/A		N/A
Bank		117,528		10.55	%		44,571		4.00	%		N/A		N/A			55,714		5.00	%