Annual report pursuant to Section 13 and 15(d)

Note 10 - Capital Ratios - Actual Capital Amount and Ratios (Details)

v3.24.1
Note 10 - Capital Ratios - Actual Capital Amount and Ratios (Details)
$ in Thousands
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Tier 1 capital (to Average Assets), actual amount $ 63,258 $ 65,634
Tier 1 capital (to Average Assets), actual ratio 0.2472 0.2481
Tier 1 capital (to Average Assets), minimum required to be well capitalized [1] $ 23,031 $ 23,809
Tier 1 capital (to Average Assets), minimum required to be well capitalized ratio [1] 0.09 0.09
[1] As defined by regulatory agencies. Failure to exceed the leverage ratio thresholds required under CBLR in the future, subject to any applicable grace period, would require the Bank to return to the risk-based capital ratio thresholds previously utilized under the fully phased-in Basel III Capital Rules to determine capital adequacy.