Actual Capital Amounts and Ratios |
The Bank and the Company reported the following capital ratios as of September 30, 2023 and December
31, 2022:
(Bank Only) |
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Minimum for
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|
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As of September 30, 2023
|
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Well
|
|
Capital Adequacy plus |
|
Capital Conservation |
(dollars in thousands)
|
|
Amount
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|
|
Ratio
|
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|
Capitalized(1)
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
$
|
634,460
|
|
|
|
10.452
|
%
|
|
|
5.000
|
%
|
|
|
4.000
|
%
|
Common equity tier 1 capital
|
|
|
634,460
|
|
|
|
18.395
|
|
|
|
6.500
|
|
|
|
7.000
|
|
Tier 1 risk-based capital
|
|
|
634,460
|
|
|
|
18.395
|
|
|
|
8.000
|
|
|
|
8.500
|
|
Total risk-based capital
|
|
|
677,649
|
|
|
|
19.647
|
|
|
|
10.000
|
|
|
|
10.500
|
|
|
|
As of December 31, 2022
|
|
|
Well
|
|
|
Minimum for
|
|
Capital Adequacy plus |
Capital Conservation |
(dollars in thousands)
|
|
Amount
|
|
|
Ratio
|
|
|
Capitalized(1)
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
$
|
609,998
|
|
|
|
10.116
|
%
|
|
|
5.000
|
%
|
|
|
4.000
|
%
|
Common equity tier 1 capital
|
|
|
609,998
|
|
|
|
18.431
|
|
|
|
6.500
|
|
|
|
7.000
|
|
Tier 1 risk-based capital
|
|
|
609,998
|
|
|
|
18.431
|
|
|
|
8.000
|
|
|
|
8.500
|
|
Total risk-based capital
|
|
|
651,462
|
|
|
|
19.684
|
|
|
|
10.000
|
|
|
|
10.500
|
|
(Consolidated)
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|
|
|
|
|
|
|
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As of September 30, 2023
|
|
|
Minimum for
|
|
Capital Adequacy plus |
Capital Conservation |
(dollars in thousands)
|
|
Amount
|
|
|
Ratio
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
$
|
654,879
|
|
|
|
10.785
|
%
|
|
|
4.000
|
%
|
Common equity tier 1 capital
|
|
|
654,879
|
|
|
|
18.982
|
|
|
|
7.000
|
|
Tier 1 risk-based capital
|
|
|
654,879
|
|
|
|
18.982
|
|
|
|
8.500
|
|
Total risk-based capital
|
|
|
698,079
|
|
|
|
20.234
|
|
|
|
10.500
|
|
|
|
As of December 31, 2022
|
|
|
Minimum for
|
|
Capital Adequacy plus |
Capital Conservation |
(dollars in thousands)
|
|
Amount
|
|
|
Ratio
|
|
|
Buffer (1)(2)
|
|
|
|
|
|
|
|
|
|
|
|
Tier 1 leverage ratio
|
|
$
|
626,628
|
|
|
|
10.390
|
%
|
|
|
4.000
|
%
|
Common equity Tier 1 capital
|
|
|
626,628
|
|
|
|
18.929
|
|
|
|
7.000
|
|
Tier 1 risk-based capital
|
|
|
626,628
|
|
|
|
18.929
|
|
|
|
8.500
|
|
Total risk-based capital
|
|
|
668,102
|
|
|
|
20.182
|
|
|
|
10.500
|
|
(1) |
Federal regulatory minimum requirements to be considered to be Well
Capitalized and Adequately Capitalized
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(2) |
The September 30, 2023 and December 31, 2022 common equity tier 1, tier
1 risk-based, and total risk-based capital ratios include a capital conservation buffer of 2.50 percent
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