REGULATORY CAPITAL MATTERS (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of the Company's and Bank's actual capital amounts and ratios

The following tables present actual capital levels and minimum required levels for the Company and the Bank under Basel III rules at December 31, 2021 and 2020:

For Capital

To Be Categorized

(Dollars in thousands)

Actual

Adequacy Purposes⁽¹⁾

as “Well Capitalized”⁽¹⁾

Minimum

December 31, 2021

Amount

Ratio

Amount

Ratio

Amount

Ratio

Tier 1 capital / % of average total assets

Bank

1,215,586

10.0

488,506

4.0

610,633

5.0

Consolidated Company

1,037,235

8.5

490,420

4.0

N/A

Common equity Tier 1 capital / % of risk-weighted assets

Bank

1,215,586

12.5

436,539

4.5

630,557

6.5

Consolidated Company

920,666

9.5

436,700

4.5

N/A

Tier 1 capital / % of risk-weighted assets

Bank

1,215,586

12.5

582,052

6.0

776,070

8.0

Consolidated Company

1,037,235

10.7

582,267

6.0

N/A

Total capital / % of risk-weighted assets

Bank

1,304,242

13.4

776,070

8.0

970,087

10.0

Consolidated Company

1,304,891

13.4

776,356

8.0

N/A

(1)	In accordance with the Basel III rules.


					For Capital				To Be Categorized
(Dollars in thousands)	Actual				Adequacy Purposes⁽¹⁾				as “Well Capitalized”⁽¹⁾
							Minimum				Minimum
December 31, 2020	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 capital / % of average total assets
Bank	$	653,393	10.2	%	$	257,143	4.0	%	$	321,428	5.0	%
Consolidated Company		651,382	10.0			261,949	4.0			N/A	N/A
Common equity Tier 1 capital / % of risk-weighted assets
Bank		653,393	12.5			235,243	4.5			339,796	6.5
Consolidated Company		534,813	10.2			235,499	4.5			N/A	N/A
Tier 1 capital / % of risk-weighted assets
Bank		653,393	12.5			313,658	6.0			418,210	8.0
Consolidated Company		651,382	12.4			313,999	6.0			N/A	N/A
Total capital / % of risk-weighted assets
Bank		695,300	13.3			418,210	8.0			522,763	10.0
Consolidated Company		808,289	15.4			418,666	8.0			N/A	N/A

(1)	In accordance with the Basel III rules.