Regulatory Capital Matters

6 Months Ended

Jun. 30, 2022

Banking And Thrift Disclosure [Abstract]

Regulatory Capital Matters

Regulatory Capital Matters

The amount of dividends payable to the parent company from the subsidiary bank is limited by various banking regulatory agencies. Upon approval by regulatory authorities, the Bank may pay cash dividends to the parent company in excess of regulatory limitations.

As of June 30, 2022, the Company and the Bank were categorized as well-capitalized under the regulatory framework for prompt corrective action in effect at such time. To be categorized as well-capitalized, the Company and the Bank must have exceeded the well-capitalized guideline ratios in effect at the time, as set forth in the table below, and have met certain other requirements. Management believes that the Company and the Bank exceeded all well-capitalized requirements at June 30, 2022, and there have been no conditions or events since quarter-end that would change the status of well-capitalized.

The Board of Governors of the Federal Reserve raised the threshold for determining applicable of the Small Bank Holding Company and Savings and Loan Company Policy Statement in August 2018 from $1 billion to $3 billion in consolidated total assets to provide regulatory burden relief, therefore, the Company is no longer subject to the minimum capital requirements on a consolidated basis.

The following table summarizes regulatory capital information as of June 30, 2022 and December 31, 2021 on a consolidated basis and for the subsidiary, as defined.  Regulatory capital ratios for June 30, 2022 and December 31, 2021 were calculated

in accordance with the Basel III rules.

(dollars in thousands)	Actual				For Capital Adequacy Purposes				To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
As of June 30, 2022
Total Capital to Risk-Weighted Assets
Consolidated	$	305,454	16.48	%	$	148,279	8.00	%	N/A		N/A
Colony Bank	229,775		12.41		148,071		8.00		$	185,089	10.00	%
Tier 1 Capital to Risk-Weighted Assets
Consolidated	252,378		13.62		111,180		6.00		N/A		N/A
Colony Bank	215,812		11.66		111,053		6.00		148,071		8.00
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated	228,149		12.31		83,401		4.50		N/A		N/A
Colony Bank	215,812		11.66		83,290		4.50		120,308		6.50
Tier 1 Capital to Average Assets
Consolidated	252,378		9.22		109,492		4.00		N/A		N/A
Colony Bank	215,812		8.10		106,554		4.00		133,193		5.00

(dollars in thousands)	Actual				For Capital Adequacy Purposes				To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
As of December 31, 2021
Total Capital to Risk-Weighted Assets
Consolidated	$	207,366	12.05	%	$	137,670	8.00	%	N/A		N/A
Colony Bank	203,265		12.18		133,507		8.00		$	166,884	10.00	%
Tier 1 Capital to Risk-Weighted Assets
Consolidated	194,456		11.28		103,434		6.00		N/A		N/A
Colony Bank	190,355		11.41		100,099		6.00		133,465		8.00
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated	170,956		9.87		77,943		4.50		N/A		N/A
Colony Bank	190,355		11.41		75,074		4.50		108,441		6.50
Tier 1 Capital to Average Assets
Consolidated	194,456		7.25		107,286		4.00		N/A		N/A
Colony Bank	190,355		7.53		101,118		4.00		126,398		5.00