Regulatory Capital (Tables)

12 Months Ended

Dec. 31, 2021

Banking Regulation, Risk-Based Information [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

First Bank’s actual and required capital amounts and ratios are as follows:

	Actual				Required for Adequate Capital				To Be Well Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
As of December 31, 2021
Total capital (to risk-weighted assets)	$	169,589	17.3	%	$	78,590	8.0	%	$	98,238	10.0	%
Tier I capital (to risk-weighted assets)	157,481		16.0		58,943		6.0		78,590		8.0
Common Equity Tier I capital (to risk-weighted assets)	157,481		16.0		44,207		4.5		63,855		6.5
Tier I capital (to average assets)	157,481		12.5		50,284		4.0		62,855		5.0
As of December 31, 2020
Total capital (to risk-weighted assets)	$	162,624	21.9	%	$	59,416	8.0	%	$	74,270	10.0	%
Tier I capital (to risk-weighted assets)	153,325		20.6		44,562		6.0		59,416		8.0
Common Equity Tier I capital (to risk-weighted assets)	153,325		20.6		33,422		4.5		48,276		6.5
Tier I capital (to average assets)	153,325		14.3		42,939		4.0		53,673		5.0