| Summary of Actual and Required Capital Amounts and Ratios |
Actual and required capital amounts and ratios are presented below as of December 31, 2021 and 2020. The capital adequacy ratio includes the capital conservation buffer. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Actual | | For Capital Adequacy Purposes (1) | | To Be Well Capitalized
Under Prompt Corrective
Action Provisions | | | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | December 31, 2021 | | | | | | | | | | | | | Total Capital to Risk Weighted Assets | | | | | | | | | | | | | Consolidated | $ | 541,651 | | | 14.92 | % | | $ | 381,093 | | | 10.50 | % | | N/A | | | | Bank | $ | 475,231 | | | 13.16 | % | | $ | 379,180 | | | 10.50 | % | | $ | 361,123 | | | 10.00 | % | | Tier 1 (Core) Capital to Risk Weighted Assets | | | | | | | | | | | | | Consolidated | $ | 427,988 | | | 11.79 | % | | $ | 308,504 | | | 8.50 | % | | N/A | | | | Bank | $ | 447,055 | | | 12.38 | % | | $ | 306,955 | | | 8.50 | % | | $ | 288,899 | | | 8.00 | % | | Common equity Tier 1 to Risk Weighted Assets | | | | | | | | | | | | | Consolidated | $ | 350,203 | | | 9.65 | % | | $ | 254,062 | | | 7.00 | % | | N/A | | | | Bank | $ | 439,676 | | | 12.18 | % | | $ | 252,786 | | | 7.00 | % | | $ | 234,730 | | | 6.50 | % | | Tier 1 (Core) Capital to Average Assets | | | | | | | | | | | | | Consolidated | $ | 427,988 | | | 8.22 | % | | $ | 208,208 | | | 4.00 | % | | N/A | | | | Bank | $ | 447,055 | | | 8.63 | % | | $ | 207,109 | | | 4.00 | % | | $ | 258,887 | | | 5.00 | % | | December 31, 2020 | | | | | | | | | | | | | Total Capital to Risk Weighted Assets | | | | | | | | | | | | | Consolidated | $ | 462,457 | | | 14.32 | % | | $ | 339,107 | | | 10.50 | % | | N/A | | | | Bank | $ | 434,598 | | | 13.52 | % | | $ | 337,554 | | | 10.50 | % | | $ | 321,480 | | | 10.00 | % | | Tier 1 (Core) Capital to Risk Weighted Assets | | | | | | | | | | | | | Consolidated | $ | 384,650 | | | 11.91 | % | | $ | 274,516 | | | 8.50 | % | | N/A | | | | Bank | $ | 408,693 | | | 12.71 | % | | $ | 273,258 | | | 8.50 | % | | $ | 257,184 | | | 8.00 | % | | Common equity Tier 1 to Risk Weighted Assets | | | | | | | | | | | | | Consolidated | $ | 306,865 | | | 9.50 | % | | $ | 226,072 | | | 7.00 | % | | N/A | | | | Bank | $ | 401,314 | | | 12.48 | % | | $ | 225,036 | | | 7.00 | % | | $ | 208,962 | | | 6.50 | % | | Tier 1 (Core) Capital to Average Assets | | | | | | | | | | | | | Consolidated | $ | 384,650 | | | 8.11 | % | | $ | 189,728 | | | 4.00 | % | | N/A | | | | Bank | $ | 408,693 | | | 8.66 | % | | $ | 188,690 | | | 4.00 | % | | $ | 235,863 | | | 5.00 | % |
(1) The minimum amounts and ratios as of December 31, 2021 and 2020 include the full phase in of the capital conservation buffer of 2.5 percent required by the Basel III framework.
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