XML 67 R54.htm IDEA: XBRL DOCUMENT v3.22.4
REGULATORY MATTERS (Tables)
12 Months Ended
Dec. 31, 2022
Banking and Thrift, Interest [Abstract]  
Schedule of Actual Capital Amounts and Ratios
The Company's and the Bank's actual capital amounts and ratios at December 31 for the years indicated are presented in the following table:

ActualFor Capital
Adequacy Purposes
To be Well
Capitalized Under
Prompt Corrective
Action Provisions
(Dollars in thousands)AmountRatioAmountRatioAmountRatio
As of December 31, 2022
Tier 1 Leverage:
Company$1,250,218 9.33  %$536,159 4.00  %N/AN/A
Sandy Spring Bank$1,535,674 11.46  %$536,016 4.00  %$670,020 5.00  %
Common Equity Tier 1 Capital to risk-
weighted assets:
Company$1,250,218 10.23  %$549,992 4.50  %N/AN/A
Sandy Spring Bank$1,535,674 12.57  %$549,681 4.50  %$793,984 6.50  %
Tier 1 Capital to risk-weighted assets:
Company$1,250,218 10.23  %$733,323 6.00  %N/AN/A
Sandy Spring Bank$1,535,674 12.57  %$732,909 6.00  %$977,212 8.00  %
Total Capital to risk-weighted assets:
Company$1,735,342 14.20  %$977,764 8.00 %N/AN/A
Sandy Spring Bank$1,645,799 13.47  %$977,212 8.00 %$1,221,514 10.00  %
As of December 31, 2021
Tier 1 Leverage:
Company$1,149,694 9.26  %$496,520 4.00  %N/AN/A
Sandy Spring Bank$1,251,739 10.09  %$496,171 4.00  %$620,214 5.00  %
Common Equity Tier 1 Capital to risk-
weighted assets:
Company$1,149,694 11.91  %$434,466 4.50  %N/AN/A
Sandy Spring Bank$1,251,739 12.98  %$433,889 4.50  %$626,729 6.50  %
Tier 1 Capital to risk-weighted assets:
Company$1,149,694 11.91  %$579,288 6.00  %N/AN/A
Sandy Spring Bank$1,251,739 12.98  %$578,519 6.00  %$771,358 8.00  %
Total Capital to risk-weighted assets:
Company$1,408,808 14.59  %$772,384 8.00  %N/AN/A
Sandy Spring Bank$1,335,853 13.85  %$771,358 8.00  %$964,198 10.00  %