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Stockholders' Equity and Regulatory Requirements (Tables)
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]

The following is a summary of the Bank’s and the Parent Corporation’s actual capital amounts and ratios as of December 31, 2019 and 2018, compared to the FRB and FDIC minimum capital adequacy requirements and the FDIC requirements for classification as a well-capitalized institution.

Minimum

Capital Adequacy

For Classification

Under Corrective

Action Plan

as Well Capitalized

Amount

Ratio

Amount

 

 

Ratio

Amount

Ratio

The Bank

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

December 31, 2019

Leverage (Tier 1) capital

$

637,824

10.81%

$

236,188

4.00%

$

295,235

5.00%

Risk-Based Capital:

CET 1

$

637,824

11.37%

$

252,432

4.50%

$

364,625

6.50%

Tier 1

637,824

11.37%

336,577

6.00%

448,769

8.00%

Total

708,367

12.63%

448,769

8.00%

560,961

10.00%

 

December 31, 2018

Leverage (Tier 1) capital

$

552,311

10.78%

$

204,973

4.00%

$

256,217

5.00%

Risk-Based Capital:

CET 1

$

552,311

11.37%

$

218,589

4.50%

$

315,740

6.50%

Tier 1

552,311

11.37%

291,452

6.00%

388,603

8.00%

Total

619,515

12.75%

388,603

8.00%

485,754

10.00%

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Table of Contents

CONNECTONE BANCORP, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 16 - Stockholders’ Equity and Regulatory Requirements – (continued)

Minimum Capital

Adequacy

For Classification

as Well Capitalized

 

Amount

Ratio

Amount

Ratio

Amount

Ratio

The Company

(dollars in thousands)

December 31, 2019

Leverage (Tier 1) capital

$

563,464

9.54%

$

236,259

4.00%

N/A

N/A

Risk-Based Capital:

CET 1

$

558,309

9.95%

$

252,439

4.50%

N/A

N/A

Tier 1

563,464

10.04%

336,586

6.00%

N/A

N/A

Total

726,757

12.96%

448,781

8.00%

N/A

N/A

 

December 31, 2018

Leverage (Tier 1) capital

$

478,876

9.34%

$

204,995

4.00%

N/A

N/A

Risk-Based Capital:

CET 1

$

473,721

9.75%

$

218,585

4.50%

N/A

N/A

Tier 1

478,876

9.86%

291,446

6.00%

N/A

N/A

Total

638,830

13.15%

388,595

8.00%

N/A

N/A