First Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 6.66% (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: 6.66% (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 13.40% +6.90 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 | $96.6M | 96,577 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $720.6M | 720,633 | RCOAA223 |
| Recomputed ratio | 13.40% | numerator / denominator | |
| Filed ratio | 13.40% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +6.90 pp | $49.7M | capital that could be lost first |
Tier 1 risk-based capital ratio 13.40% +5.40 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 | $96.6M | 96,577 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $720.6M | 720,633 | RCOAA223 |
| Recomputed ratio | 13.40% | numerator / denominator | |
| Filed ratio | 13.40% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +5.40 pp | $38.9M | capital that could be lost first |
Total risk-based capital ratio 14.66% +4.66 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 | $105.6M | 105,628 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $720.6M | 720,633 | RCOAA223 |
| Recomputed ratio | 14.66% | numerator / denominator | |
| Filed ratio | 14.66% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +4.66 pp | $33.6M | capital that could be lost first |
Tier 1 leverage ratio 13.87% +8.87 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 | $96.6M | 96,577 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $696.4M | 696,418 | RCOAA224 |
| Recomputed ratio | 13.87% | numerator / denominator | |
| Filed ratio | 13.87% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +8.87 pp | $61.8M | 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 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | RCOAP742 |
| Retained earnings | 84,577 | 83,045 | 82,918 | 80,977 | 80,109 | 78,739 | RCOAKW00 |
| Accumulated other comprehensive income | (26) | (28) | (33) | (38) | (53) | (66) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 96,551 | 95,017 | 94,885 | 92,939 | 92,056 | 90,673 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 26 | 28 | 33 | (1,526) | (1,582) | (1,638) | P859 - P840 |
| Common equity Tier 1 capital | 96,577 | 95,045 | 94,918 | 91,413 | 90,474 | 89,035 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 96,577 | 95,045 | 94,918 | 91,413 | 90,474 | 89,035 | RCOA8274 |
| Tier 2 capital | 9,051 | 8,715 | 8,749 | 8,682 | 8,836 | 8,570 | RCOA5311 |
| Allowance includable in Tier 2 capital | 9,051 | 8,715 | 8,749 | 8,682 | 8,836 | 8,570 | RCOA5310 |
| Total capital | 105,628 | 103,760 | 103,667 | 100,095 | 99,310 | 97,605 | RCOA3792 |
| Total risk-weighted assets | 720,633 | 693,365 | 696,202 | 690,928 | 703,787 | 682,727 | RCOAA223 |
| Average total assets for the leverage ratio | 696,418 | 676,691 | 678,464 | 681,067 | 665,579 | 652,588 | 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 | $102.4M | $2.9M | 2.84% | 0.40% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $6.8M | $1.4M | 20.00% | 0.19% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $179.8M | $94.1M | 52.33% | 12.99% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $10.2M | $15.3M | 150.00% | 2.12% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $1.2M | $1.9M | 150.00% | 0.26% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $390.8M | $384.9M | 98.50% | 53.16% | RC-R Part II, item 4.d, 5.d |
| Trading assets | $182K | $91K | 50.00% | 0.01% | RC-R Part II, item 7 |
| All other assets | $23.8M | $26.8M | 112.58% | 3.70% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $31.5M | $17.6M | 55.95% | 2.43% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $179.1M | NA | 24.73% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $545.0M | does not tie to item 31 ($545.3M) |
|---|---|---|
| Risk-weighted assets before deductions | $724.1M | RCONB704 |
| Less: excess allowance for credit losses | $3.5M | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $720.6M | 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 | 13.40% | 13.40% | 14.66% | 13.87% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 13.71% | 13.71% | 14.96% | 14.05% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 13.63% | 13.63% | 14.89% | 13.99% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 13.23% | 13.23% | 14.49% | 13.42% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 12.86% | 12.86% | 14.11% | 13.59% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | Risk-based | 13.04% | 13.04% | 14.30% | 13.64% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | Risk-based | 13.08% | 13.08% | 14.33% | 13.80% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | Risk-based | 13.13% | 13.13% | 14.39% | 13.43% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | Risk-based | 13.42% | 13.42% | 14.68% | 13.39% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | Risk-based | 13.65% | 13.65% | 14.91% | 13.08% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | Risk-based | 13.12% | 13.12% | 14.38% | 12.90% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | Risk-based | 12.95% | 12.95% | 14.21% | 12.46% | 14.65% | 14.67% | 15.79% | 10.60% |
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 | 13.40% | 13.40% | 14.66% | 13.87% | |
| Putnam County Bank | $704.2M | CBLR | NA | NA | NA | 12.32% |
| Arbor Bank | $701.7M | Risk-based | 11.02% | 11.02% | 12.06% | 8.69% |
| The Citizens National Bank of Somerset | $700.9M | Risk-based | 14.73% | 14.73% | 15.98% | 9.02% |
| Eagle Bank | $709.0M | CBLR | NA | NA | NA | 10.63% |
| M C Bank & Trust Company | $710.0M | CBLR | NA | NA | NA | 42.96% |
| Union Bank | $710.2M | Risk-based | 19.50% | 19.50% | 20.76% | 11.40% |
| County Bank | $696.4M | Risk-based | 18.96% | 18.96% | 19.83% | 15.41% |
| Bank of Ocean City | $695.0M | Risk-based | 14.55% | 14.55% | 15.28% | 11.65% |
| Pioneer Trust Bank, N.A. | $712.5M | Risk-based | 19.92% | 19.92% | 21.17% | 15.26% |
| Time Bank | $712.8M | CBLR | NA | NA | NA | 11.91% |
| Peer 25th percentile | 14.60% | 14.60% | 15.46% | 10.82% | ||
| Peer median | 16.85% | 16.85% | 17.91% | 11.78% | ||
| Peer 75th percentile | 19.37% | 19.37% | 20.53% | 14.52% | ||
| This bank's percentile | 17 | 17 | 17 | 70 |
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/239659/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.