Regulatory Capital Requirements

9 Months Ended

Sep. 30, 2019

Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]

Regulatory Capital Requirements

Regulatory Capital Requirements

TCF and TCF Bank are subject to minimum capital requirements administered by the federal banking regulators. Failure to meet minimum capital requirements can initiate certain mandatory, and possible additional discretionary, actions by the federal banking regulators that could have a material adverse effect on TCF. In general, TCF Bank may not declare or pay a dividend to TCF in excess of 100% of its net retained earnings for the current year combined with its net retained earnings for the preceding two calendar years, which was $296.6 million at September 30, 2019, without prior approval of the Office of the Comptroller of the Currency ("OCC"). The OCC also has the authority to prohibit the payment of dividends by a national bank when it determines such payments would constitute an unsafe and unsound banking practice. TCF Bank's ability to make capital distributions in the future may require regulatory approval and may be restricted by its federal banking regulators. TCF Bank's ability to make any such distributions will also depend on its earnings and ability to meet minimum regulatory capital requirements in effect during future periods. In the future, these capital adequacy standards may be higher than existing minimum regulatory capital requirements.

Regulatory capital information for TCF and TCF Bank was as follows:

	TCF						TCF Bank
	At September 30,			At December 31,			At September 30,			At December 31,			Well-capitalized Standard under Prompt Corrective Action Provisions		Minimum Capital Requirement for Capital Adequacy Plus Conservation Buffer
(Dollars in thousands)	2019			2018			2019			2018
Regulatory Capital:
Common equity Tier 1 capital	$	4,009,214		$	2,224,183		$	3,991,895		$	2,282,013
Tier 1 capital	4,197,706			2,408,393			4,015,208			2,300,472
Total capital	4,652,708			2,750,581			4,487,968			2,675,347
Regulatory Capital Ratios:
Common equity Tier 1 capital ratio	10.88		%	10.82		%	10.85		%	11.10		%	6.50	%	7.00	%
Tier 1 risk-based capital ratio	11.40			11.72			10.91			11.19			8.00		8.50
Total risk-based capital ratio	12.63			13.38			12.20			13.01			10.00		10.50
Tier 1 leverage ratio	11.16			10.44			10.68			9.97			5.00		4.00