Regulatory Capital Matters

3 Months Ended

Mar. 31, 2023

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 March 31, 2023, 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 tables below, and have met certain other requirements. Management believes that the Company and the Bank exceeded all well-capitalized requirements at March 31, 2023, 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 tables summarize regulatory capital information as of March 31, 2023 and December 31, 2022 on a consolidated basis and for the subsidiary, as defined.  Regulatory capital ratios for March 31, 2023 and December 31, 2022 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 March 31, 2023
Total Capital to Risk-Weighted Assets
Consolidated	$	319,700	14.80	%	$	172,811	8.00	%	N/A		N/A
Colony Bank	277,346		12.88		172,265		8.00		$	215,331	10.00	%
Tier 1 Capital to Risk-Weighted Assets
Consolidated	262,154		12.14		129,565		6.00		N/A		N/A
Colony Bank	258,947		12.02		129,258		6.00		172,344		8.00
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated	237,925		11.01		97,245		4.50		N/A		N/A
Colony Bank	258,947		12.02		96,944		4.50		140,030		6.50
Tier 1 Capital to Average Assets
Consolidated	262,154		8.90		117,822		4.00		N/A		N/A
Colony Bank	258,947		8.82		117,436		4.00		146,795		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, 2022
Total Capital to Risk-Weighted Assets
Consolidated	$	318,250	15.11	%	$	168,498	8.00	%	N/A		N/A
Colony Bank	272,812		12.99		168,014		8.00		$	210,017	10.00	%
Tier 1 Capital to Risk-Weighted Assets
Consolidated	262,999		12.49		126,341		6.00		N/A		N/A
Colony Bank	256,684		12.22		126,031		6.00		168,042		8.00
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated	238,770		11.34		94,750		4.50		N/A		N/A
Colony Bank	256,684		12.22		94,524		4.50		136,534		6.50
Tier 1 Capital to Average Assets
Consolidated	262,999		9.17		114,721		4.00		N/A		N/A
Colony Bank	256,684		8.97		114,463		4.00		143,079		5.00