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Regulatory Capital Matters
6 Months Ended
Jun. 30, 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 June 30, 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 June 30, 2023, and there have been no conditions or events since quarter-end that would change the status of well-capitalized.
The following tables summarize regulatory capital information as of June 30, 2023 and December 31, 2022 on a consolidated basis and for the subsidiary, as defined.  Regulatory capital ratios for June 30, 2023 and December 31, 2022 were calculated in accordance with the Basel III rules.
(dollars in thousands)ActualFor Capital
Adequacy Purposes
To Be Well
Capitalized Under
Prompt Corrective
Action Provisions
AmountRatioAmountRatioAmountRatio
As of June 30, 2023
Total Capital to Risk-Weighted Assets
Consolidated$325,351 14.86 %$175,155 8.00 %$218,944 10.00 %
Colony Bank285,493 13.08 174,613 8.00 218,267 10.00 
Tier 1 Capital to Risk-Weighted Assets
Consolidated267,546 12.22 131,365 6.00 175,153 8.00 
Colony Bank266,858 12.23 130,920 6.00 174,560 8.00 
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated243,317 11.12 98,465 4.50 142,227 6.50 
Colony Bank266,858 12.23 98,190 4.50 141,830 6.50 
Tier 1 Capital to Average Assets
Consolidated267,546 8.85 120,925 4.00 151,156 5.00 
Colony Bank266,858 8.85 120,614 4.00 150,767 5.00 
(dollars in thousands)ActualFor Capital
Adequacy Purposes
To Be Well
Capitalized Under
Prompt Corrective
Action Provisions
AmountRatioAmountRatioAmountRatio
As of December 31, 2022
Total Capital to Risk-Weighted Assets
Consolidated$318,250 15.11 %$168,498 8.00 %N/AN/A
Colony Bank272,812 12.99 168,014 8.00 $210,017 10.00 %
Tier 1 Capital to Risk-Weighted Assets
Consolidated262,999 12.49 126,341 6.00 N/AN/A
Colony Bank256,684 12.22 126,031 6.00 168,042 8.00 
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated238,770 11.34 94,750 4.50 N/AN/A
Colony Bank256,684 12.22 94,524 4.50 136,534 6.50 
Tier 1 Capital to Average Assets
Consolidated262,999 9.17 114,721 4.00 N/AN/A
Colony Bank256,684 8.97 114,463 4.00 143,079 5.00