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Regulatory Capital Requirements (Tables)
 3 Months Ended
Mar. 31, 2013
Regulatory Capital Requirements [Abstract]  
Royal Bank's capital ratios
The table below sets forth Royal Bank's capital ratios under RAP based on the FDIC's interpretation of the Call Report instructions:
 
 
As of March 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
To be well capitalized
 
 
 
 
 
 
 
 
For capital
 
 
capitalized under prompt
 
 
Actual
 
 
adequacy purposes
 
 
corrective action provision
 
(Dollars in thousands)
 
Amount
 
 
Ratio
 
 
Amount
 
 
Ratio
 
 
Amount
 
 
Ratio
 
Total capital (to risk-weighted assets)
 
$
72,906
 
 
 
15.92
%
 
$
36,625
 
 
 
8.00
%
 
$
45,782
 
 
 
10.00
%
Tier I capital (to risk-weighted assets)
 
$
67,064
 
 
 
14.65
%
 
$
18,313
 
 
 
4.00
%
 
$
27,469
 
 
 
6.00
%
Tier I capital (to average assets, leverage)
 
$
67,064
 
 
 
8.96
%
 
$
29,954
 
 
 
4.00
%
 
$
37,443
 
 
 
5.00
%
 
Adjustments to net loss as well as the capital ratios
The tables below reflect the adjustments to the net loss as well as the capital ratios for Royal Bank under U.S. GAAP:
 
 
For the three
 
 
months ended
 
(In thousands)
 
March 31, 2013
 
RAP net loss
 
$
(4,251
)
Tax lien adjustment, net of noncontrolling interest
 
 
4,454
 
U.S. GAAP net income
 
$
203
 
 
 
At March 31, 2013
 
 
As reported
 
 
As adjusted
 
 
under RAP
 
 
for U.S. GAAP
 
Total capital (to risk-weighted assets)
 
 
15.92
%
 
 
17.28
%
Tier I capital (to risk-weighted assets)
 
 
14.65
%
 
 
16.01
%
Tier I capital (to average assets, leverage)
 
 
8.96
%
 
 
9.85
%
 
Company capital ratios
The tables below reflect the Company's capital ratios:
 
 
As of March 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
To be well capitalized
 
 
 
 
 
 
 
 
For capital
 
 
capitalized under prompt
 
 
Actual
 
 
adequacy purposes
 
 
corrective action provision
 
(Dollars in thousands)
 
Amount
 
 
Ratio
 
 
Amount
 
 
Ratio
 
 
Amount
 
 
Ratio
 
Total capital (to risk-weighted assets)
 
$
89,237
 
 
 
19.00
%
 
$
37,574
 
 
 
8.00
%
 
 
N/A
 
 
 
N/A
 
Tier I capital (to risk-weighted assets)
 
$
77,849
 
 
 
16.57
%
 
$
18,787
 
 
 
4.00
%
 
 
N/A
 
 
 
N/A
 
Tier I capital (to average assets, leverage)
 
$
77,849
 
 
 
10.21
%
 
$
30,500
 
 
 
4.00
%
 
 
N/A
 
 
 
N/A
 
 
Adjustment to Company's capital ratio under RAP
The Company has filed the Consolidated Financial Statements for Bank Holding Companies-FR Y-9C ("FR Y-9C") as of March 31, 2013 consistent with U.S. GAAP and the FR Y-9C instructions.  In the event that a similar adjustment for RAP purposes would be required by the Federal Reserve on the holding company level, the adjusted ratios are shown in the table below.
 
 
For the three
 
 
months ended
 
(In thousands)
 
March 31, 2013
 
U.S. GAAP net income
 
$
118
 
Tax lien adjustment, net of noncontrolling interest
 
 
(4,454
)
RAP net loss
 
$
(4,336
)
 
 
At March 31, 2013
 
 
As reported
 
 
As adjusted
 
 
under U.S. GAAP
 
 
for RAP
 
Total capital (to risk-weighted assets)
 
 
19.00
%
 
 
17.68
%
Tier I capital (to risk-weighted assets)
 
 
16.57
%
 
 
14.70
%
Tier I capital (to average assets, leverage)
 
 
10.21
%
 
 
9.00
%