REGULATORY CAPITAL MATTERS (Tables)

12 Months Ended

Dec. 31, 2022

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, 2022 and 2021:

For Capital

To Be Categorized

(Dollars in thousands)

Actual

Adequacy Purposes⁽¹⁾

as “Well Capitalized”⁽¹⁾

Minimum

December 31, 2022

Amount

Ratio

Amount

Ratio

Amount

Ratio

Tier 1 capital / % of average total assets

Bank

1,286,656

10.0

517,606

4.0

647,008

5.0

Consolidated Company

1,103,498

8.5

517,914

4.0

N/A

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

Bank

1,286,656

11.9

485,062

4.5

700,645

6.5

Consolidated Company

986,928

9.2

485,243

4.5

N/A

Tier 1 capital / % of risk-weighted assets

Bank

1,286,656

11.9

646,749

6.0

862,332

8.0

Consolidated Company

1,103,498

10.2

646,990

6.0

N/A

Total capital / % of risk-weighted assets

Bank

1,373,431

12.7

862,332

8.0

1,077,915

10.0

Consolidated Company

1,390,272

12.9

862,654

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, 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	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	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	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	N/A

(1)	In accordance with the Basel III rules.