First Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 5.98% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 5.98% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 13.06% +6.56 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $651.0M | 650,959 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $4.98B | 4,983,489 | RCOAA223 |
| Recomputed ratio | 13.06% | numerator / denominator | |
| Filed ratio | 13.06% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +6.56 pp | $327.0M | capital that could be lost first |
Tier 1 risk-based capital ratio 13.06% +5.06 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $651.0M | 650,959 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $4.98B | 4,983,489 | RCOAA223 |
| Recomputed ratio | 13.06% | numerator / denominator | |
| Filed ratio | 13.06% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +5.06 pp | $252.3M | capital that could be lost first |
Total risk-based capital ratio 13.98% +3.98 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $696.6M | 696,588 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $4.98B | 4,983,489 | RCOAA223 |
| Recomputed ratio | 13.98% | numerator / denominator | |
| Filed ratio | 13.98% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +3.98 pp | $198.2M | capital that could be lost first |
Tier 1 leverage ratio 9.67% +4.67 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $651.0M | 650,959 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $6.73B | 6,728,948 | RCOAA224 |
| Recomputed ratio | 9.67% | numerator / denominator | |
| Filed ratio | 9.67% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +4.67 pp | $314.5M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 594,303 | 594,303 | 594,303 | 594,303 | 594,303 | 594,303 | RCOAP742 |
| Retained earnings | 69,795 | 58,339 | 49,100 | 38,360 | 27,676 | 27,194 | RCOAKW00 |
| Accumulated other comprehensive income | (102,870) | (106,491) | (106,424) | (113,776) | (121,887) | (127,724) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 561,228 | 546,151 | 536,979 | 518,887 | 500,092 | 493,773 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 89,731 | 90,984 | 90,397 | 95,767 | 103,532 | 109,476 | P859 - P840 |
| Common equity Tier 1 capital | 650,959 | 637,135 | 627,376 | 614,654 | 603,624 | 603,249 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 650,959 | 637,135 | 627,376 | 614,654 | 603,624 | 603,249 | RCOA8274 |
| Tier 2 capital | 45,629 | 45,543 | 42,086 | 41,722 | 40,292 | 40,241 | RCOA5311 |
| Allowance includable in Tier 2 capital | 45,629 | 45,543 | 42,086 | 41,722 | 40,292 | 40,241 | RCOA5310 |
| Total capital | 696,588 | 682,678 | 669,462 | 656,376 | 643,916 | 643,490 | RCOA3792 |
| Total risk-weighted assets | 4,983,489 | 4,949,614 | 4,758,071 | 4,722,744 | 4,646,618 | 4,624,278 | RCOAA223 |
| Average total assets for the leverage ratio | 6,728,948 | 6,717,265 | 6,701,482 | 6,702,340 | 6,699,790 | 6,700,606 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $253.4M | $12.4M | 4.91% | 0.25% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $1.82B | $401.1M | 22.06% | 8.05% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $1.18B | $759.7M | 64.55% | 15.24% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $2.7M | $4.1M | 150.00% | 0.08% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $3.08B | $3.05B | 99.16% | 61.23% | RC-R Part II, item 4.d, 5.d |
| Trading assets | $5.5M | $5.5M | 100.00% | 0.11% | RC-R Part II, item 7 |
| All other assets | $316.5M | $406.0M | 128.28% | 8.15% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $305.3M | $305.3M | 100.00% | 6.13% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $21.0M | $5.4M | 25.58% | 0.11% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $32.6M | NA | 0.65% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $4.95B | ties to item 31 ($4.95B) |
|---|---|---|
| Risk-weighted assets before deductions | $4.98B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $4.98B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 13.06% | 13.06% | 13.98% | 9.67% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 12.87% | 12.87% | 13.79% | 9.48% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 13.19% | 13.19% | 14.07% | 9.36% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 13.01% | 13.01% | 13.90% | 9.17% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 12.99% | 12.99% | 13.86% | 9.01% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 13.05% | 13.05% | 13.92% | 9.00% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 13.08% | 13.08% | 13.92% | 8.88% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 13.21% | 13.21% | 14.05% | 9.02% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 13.31% | 13.31% | 14.16% | 9.05% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 13.17% | 13.17% | 14.05% | 9.01% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 13.40% | 13.40% | 14.25% | 8.89% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 14.08% | 14.08% | 14.93% | 9.05% | 12.78% | 12.79% | 13.93% | 10.03% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| First Bank (this bank) | Risk-based | 13.06% | 13.06% | 13.98% | 9.67% | |
| Midland States Bank | $6.69B | Risk-based | 13.59% | 13.59% | 14.84% | 10.08% |
| Alpine Bank | $6.69B | Risk-based | 15.21% | 15.21% | 16.42% | 11.02% |
| SMBC Manubank | $6.60B | Risk-based | 23.92% | 23.92% | 24.05% | 9.63% |
| Heartland Bank and Trust Company | $6.72B | Risk-based | 14.75% | 14.75% | 15.80% | 11.94% |
| Third Coast Bank | $6.73B | Risk-based | 12.10% | 12.10% | 12.91% | 11.44% |
| City National Bank of West Virginia | $6.76B | Risk-based | 15.01% | 15.01% | 15.48% | 9.65% |
| The Washington Trust Company, of Westerly | $6.55B | Risk-based | 12.22% | 12.22% | 13.15% | 8.92% |
| Horizon Bank | $6.55B | Risk-based | 12.60% | 12.60% | 13.60% | 10.52% |
| INTRUST Bank, N.A. | $6.76B | Risk-based | 13.66% | 13.66% | 14.62% | 10.76% |
| TrustCo Bank | $6.52B | Risk-based | 14.48% | 14.48% | 15.73% | 8.38% |
| Peer 25th percentile | 12.85% | 12.85% | 13.86% | 9.63% | ||
| Peer median | 14.07% | 14.07% | 15.16% | 10.30% | ||
| Peer 75th percentile | 14.94% | 14.94% | 15.78% | 10.95% | ||
| This bank's percentile | 30 | 30 | 30 | 40 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/169653/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.