STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

STOCKHOLDERS' EQUITY [Abstract]

Regulatory Capital Ratios

The Company’s and the subsidiary Banks’ capital amounts and ratios as of December 31, 2019 are presented in the table below.

											To Be Well Capitalized
						For Capital					Under Prompt Corrective
	Actual					Adequacy Purposes Including 2.5% Capital Conservation Buffer					Action Provisions Including 2.5% Capital Conservation Buffer
2019	Amount		Ratio			Amount		Ratio			Amount		Ratio
Total Capital (to risk-weighted assets):
Consolidated (1)	$	206,275		16.5	%	$	131,615		10.5	%	$	156,684		12.5	%
Premier Bank, Inc.		144,793		15.8			96,248		10.5			114,581		12.5
Citizens Deposit Bank		47,466		14.1			35,387		10.5			42,128		12.5
Tier I Capital (to risk-weighted assets):
Consolidated (1)	$	192,733		15.4	%	$	106,545		8.5	%	$	131,615		10.5	%
Premier Bank, Inc.		133,609		14.6			77,915		8.5			96,248		10.5
Citizens Deposit Bank		45,108		13.4			28,647		8.5			35,387		10.5
Common Equity Tier I Capital (to risk-weighted assets):
Consolidated (1)	$	186,733		14.9	%	$	87,743		7.0	%	$	112,812		9.0	%
Premier Bank, Inc.		133,609		14.6			64,166		7.0			82,499		9.0
Citizens Deposit Bank		45,108		13.4			23,592		7.0			30,322		9.0
Tier I Capital (to average assets):
Consolidated (1)	$	192,733		11.3	%	$	68,422		4	%	$	85,528		5	%
Premier Bank, Inc.		133,609		11.3			47,240		4			59,051		5
Citizens Deposit Bank		45,108		8.5			21,128		4			26,410		5

⁽¹⁾  The consolidated company is not subject to Prompt Corrective Action Provisions.

The Company’s and the subsidiary Banks’ capital amounts and ratios as of December 31, 2018 are presented in the table below.

											To Be Well Capitalized
						For Capital					Under Prompt Corrective
	Actual					Adequacy Purposes (1)					Action Provisions
2018	Amount		Ratio			Amount		Ratio			Amount		Ratio
Total Capital (to risk-weighted assets):
Consolidated (2)	$	190,770		15.9	%	$	96,110		8	%	$	120,138		10	%
Premier Bank, Inc.		141,302		15.4			73,320		8			91,650		10
Citizens Deposit Bank		42,284		14.8			22,852		8			28,565		10
Tier I Capital (to risk-weighted assets):
Consolidated (2)	$	177,032		14.7	%	$	72,083		6	%	$	96,110		8	%
Premier Bank, Inc.		130,428		14.2			54,990		6			73,320		8
Citizens Deposit Bank		39,420		13.8			17,139		6			22,852		8
Common Equity Tier I Capital (to risk-weighted assets):
Consolidated (2)	$	171,032		14.2	%	$	54,062		4.5	%	$	78,090		6.5	%
Premier Bank, Inc.		130,428		14.2			41,242		4.5			59,572		6.5
Citizens Deposit Bank		39,420		13.8			12,854		4.5			18,567		6.5
Tier I Capital (to average assets):
Consolidated (2)	$	177,032		10.7	%	$	66,040		4	%	$	82,550		5	%
Premier Bank, Inc.		130,428		10.8			48,368		4			60,460		5
Citizens Deposit Bank		39,420		9.0			17,571		4			21,964		5

⁽¹⁾  The ratios for capital adequacy purposes do not include the additional capital conservation buffer.

⁽²⁾  The consolidated company is not subject to Prompt Corrective Action Provisions.