Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Capital Ratios (Tables)

v3.24.1.1.u2
Note 8 - Capital Ratios (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]
                   

Minimum Required to be

 
   

Actual

   

Well-Capitalized (1)

 
   

Amount

   

Ratio

   

Amount

   

Ratio

 

As of March 31, 2024

 

(Dollars in thousands)

 

Tier 1 capital (to Average Assets)

  $ 63,497       24.25 %   $ 23,566       >9%  

As of December 31, 2023

                               

Tier 1 capital (to Average Assets)

  $ 63,258       24.72 %   $ 23,031       >9%