Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Capital Ratios - Actual Capital Amount and Ratios (Details)

v3.22.1
Note 9 - Capital Ratios - Actual Capital Amount and Ratios (Details)
$ in Thousands
Mar. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Tier 1 capital (to Average Assets), actual amount $ 64,945 $ 44,262
Tier 1 capital (to Average Assets), actual ratio 0.2174 0.1611
Tier 1 capital (to Average Assets), minimum required to be well capitalized [1] $ 26,887 $ 23,349
Tier 1 capital (to Average Assets), minimum required to be well capitalized ratio [1] 0.09 0.085
[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.