Regulatory Capital Matters

3 Months Ended

Mar. 31, 2024

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, 2024, 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, 2024, 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 March 31, 2024 and December 31, 2023 on a consolidated basis and for the subsidiary, as defined.  Regulatory capital ratios for March 31, 2024 and December 31, 2023 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, 2024
Total Capital to Risk-Weighted Assets
Consolidated	$	337,131	15.79	%	$	170,807	8.00	%	$	213,509	10.00	%
Colony Bank	304,814		14.31		170,406		8.00		213,008		10.00
Tier 1 Capital to Risk-Weighted Assets
Consolidated	278,310		13.04		128,057		6.00		170,742		8.00
Colony Bank	284,732		13.37		127,778		6.00		170,371		8.00
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated	254,081		11.90		96,081		4.50		138,784		6.50
Colony Bank	284,732		13.37		95,834		4.50		138,426		6.50
Tier 1 Capital to Average Assets
Consolidated	278,310		9.19		121,136		4.00		151,420		5.00
Colony Bank	284,732		9.43		120,777		4.00		150,971		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, 2023
Total Capital to Risk-Weighted Assets
Consolidated	$	337,159	15.47	%	$	174,355	8.00	%	$	217,944	10.00	%
Colony Bank	300,497		13.85		173,572		8.00		216,965		10.00
Tier 1 Capital to Risk-Weighted Assets
Consolidated	278,196		12.77		130,711		6.00		174,281		8.00
Colony Bank	280,751		12.94		130,178		6.00		173,571		8.00
Common Equity Tier 1 Capital to Risk-Weighted Assets
Consolidated	253,967		11.66		98,015		4.50		141,577		6.50
Colony Bank	280,751		12.94		97,634		4.50		141,026		6.50
Tier 1 Capital to Average Assets
Consolidated	278,196		9.17		121,350		4.00		151,688		5.00
Colony Bank	280,751		9.28		121,013		4.00		151,267		5.00