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, 2023 and 2022: | | | | | | | | | | | | | | | | | | | | | At December 31, 2023 | | | | | | | | | For Capital | | | To Be Categorized | | | | Actual | | | Adequacy Purposes(1) | | | as “Well Capitalized”(1) | | | | | | | | | | | | | Minimum | | | | | | Minimum | | (Dollars in thousands) | | Amount | | Ratio | | | Amount | | Ratio | | | Amount | | Ratio | | Tier 1 capital / % of average total assets | | | | | | | | | | | | | | | | | | | Bank | | $ | 1,331,676 | | 9.8 | % | | $ | 544,254 | | 4.0 | % | | $ | 680,318 | | 5.0 | % | Consolidated Company | | | 1,158,455 | | 8.5 | | | | 544,529 | | 4.0 | | | | N/A | | N/A | | Common equity Tier 1 capital / % of risk-weighted assets | | | | | | | | | | | | | | | | | Bank | | | 1,331,676 | | 12.6 | | | | 476,168 | | 4.5 | | | | 687,798 | | 6.5 | | Consolidated Company | | | 1,041,886 | | 9.8 | | | | 476,341 | | 4.5 | | | | N/A | | N/A | | Tier 1 capital / % of risk-weighted assets | | | | | | | | | | | | | | | | | | | Bank | | | 1,331,676 | | 12.6 | | | | 634,890 | | 6.0 | | | | 846,520 | | 8.0 | | Consolidated Company | | | 1,158,455 | | 10.9 | | | | 635,122 | | 6.0 | | | | N/A | | N/A | | Total capital / % of risk-weighted assets | | | | | | | | | | | | | | | | | | | Bank | | | 1,406,581 | | 13.3 | | | | 846,520 | | 8.0 | | | | 1,058,151 | | 10.0 | | Consolidated Company | | | 1,433,361 | | 13.5 | | | | 846,829 | | 8.0 | | | | N/A | | N/A | |
(1) | In accordance with the Basel III rules. |
| | | | | | | | | | | | | | | | | | | | | At December 31, 2022 | | | | | | | | | | For Capital | | | To Be Categorized | | | | Actual | | | Adequacy Purposes(1) | | | as “Well Capitalized”(1) | | | | | | | | | | | | | Minimum | | | | | | Minimum | | (Dollars in thousands) | | 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 | | 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 | | 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 | | 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 | | N/A | |
(1) | In accordance with the Basel III rules. |
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