First Carolina Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 5.72% (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: 5.72% (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 12.88% +6.38 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 | $377.2M | 377,237 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $2.93B | 2,928,779 | RCOAA223 |
| Recomputed ratio | 12.88% | numerator / denominator | |
| Filed ratio | 12.88% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +6.38 pp | $186.9M | capital that could be lost first |
Tier 1 risk-based capital ratio 12.88% +4.88 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 | $377.2M | 377,237 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $2.93B | 2,928,779 | RCOAA223 |
| Recomputed ratio | 12.88% | numerator / denominator | |
| Filed ratio | 12.88% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +4.88 pp | $142.9M | capital that could be lost first |
Total risk-based capital ratio 13.72% +3.72 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 | $401.8M | 401,795 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $2.93B | 2,928,779 | RCOAA223 |
| Recomputed ratio | 13.72% | numerator / denominator | |
| Filed ratio | 13.72% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +3.72 pp | $108.9M | capital that could be lost first |
Tier 1 leverage ratio 11.36% +6.36 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 | $377.2M | 377,237 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $3.32B | 3,320,229 | RCOAA224 |
| Recomputed ratio | 11.36% | numerator / denominator | |
| Filed ratio | 11.36% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +6.36 pp | $211.2M | 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 | 329,889 | 293,777 | 292,910 | 292,022 | 291,140 | 290,283 | RCOAP742 |
| Retained earnings | 126,039 | 119,895 | 112,903 | 106,899 | 114,809 | 108,980 | RCOAKW00 |
| Accumulated other comprehensive income | (330) | (796) | (491) | (2,007) | (234) | (1,179) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 455,598 | 412,876 | 405,322 | 396,914 | 405,715 | 398,084 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (78,361) | (78,498) | (80,362) | (78,271) | (80,590) | (80,450) | P859 - P840 |
| Common equity Tier 1 capital | 377,237 | 334,378 | 324,960 | 318,643 | 325,125 | 317,634 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 377,237 | 334,378 | 324,960 | 318,643 | 325,125 | 317,634 | RCOA8274 |
| Tier 2 capital | 24,558 | 24,286 | 24,687 | 26,741 | 25,049 | 25,219 | RCOA5311 |
| Allowance includable in Tier 2 capital | 24,558 | 24,286 | 24,687 | 26,741 | 25,049 | 25,219 | RCOA5310 |
| Total capital | 401,795 | 358,664 | 349,647 | 345,384 | 350,174 | 342,853 | RCOA3792 |
| Total risk-weighted assets | 2,928,779 | 2,894,972 | 2,898,489 | 2,917,467 | 3,033,633 | 2,982,441 | RCOAA223 |
| Average total assets for the leverage ratio | 3,320,229 | 3,328,855 | 3,357,138 | 3,451,606 | 3,219,374 | 3,093,060 | 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 | $116.6M | $2.3M | 1.94% | 0.08% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $283.5M | $3.7M | 1.31% | 0.13% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $2.2M | $435K | 20.00% | 0.01% | RC-R Part II, item 3.a, 16 |
| Loans: residential mortgage | $275.1M | $141.5M | 51.46% | 4.83% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $22.3M | $22.3M | 100.00% | 0.76% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $2.45B | $2.44B | 99.80% | 83.32% | RC-R Part II, item 4.d, 5.d |
| All other assets | $143.5M | $138.9M | 96.83% | 4.74% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $167.3M | $167.3M | 100.00% | 5.71% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $12.0M | NA | 0.41% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $2.92B | ties to item 31 ($2.92B) |
|---|---|---|
| Risk-weighted assets before deductions | $2.93B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $2.93B | 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 | 12.88% | 12.88% | 13.72% | 11.36% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 11.55% | 11.55% | 12.39% | 10.04% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 11.21% | 11.21% | 12.06% | 9.68% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 10.92% | 10.92% | 11.84% | 9.23% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 10.72% | 10.72% | 11.54% | 10.10% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 10.65% | 10.65% | 11.50% | 10.27% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 13.08% | 13.08% | 13.91% | 12.85% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 11.31% | 11.31% | 12.13% | 11.56% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 11.10% | 11.10% | 11.94% | 11.85% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 11.26% | 11.26% | 12.12% | 11.56% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 11.42% | 11.42% | 12.35% | 12.47% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 11.70% | 11.70% | 12.67% | 13.13% | 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 Carolina Bank (this bank) | Risk-based | 12.88% | 12.88% | 13.72% | 11.36% | |
| Northrim Bank | $3.40B | Risk-based | 12.38% | 12.38% | 13.39% | 10.26% |
| First Dakota National Bank | $3.39B | CBLR | NA | NA | NA | 10.40% |
| Northern Bank & Trust Company | $3.38B | Risk-based | 15.30% | 15.30% | 16.56% | 14.55% |
| Banterra Bank | $3.36B | Risk-based | 9.85% | 9.85% | 10.73% | 9.41% |
| Lake Ridge Bank | $3.35B | Risk-based | 11.97% | 11.97% | 13.02% | 9.95% |
| Bankwell Bank | $3.47B | Risk-based | 11.67% | 11.67% | 12.70% | 10.39% |
| PCB Bank | $3.47B | Risk-based | 13.35% | 13.35% | 14.58% | 11.54% |
| Banco do Brasil Americas | $3.47B | Risk-based | 23.30% | 23.30% | 24.56% | 10.90% |
| Libertyville Bank & Trust Company, N.A. | $3.34B | Risk-based | 10.88% | 10.88% | 11.81% | 9.19% |
| Austin Bank, Texas N.A. | $3.33B | CBLR | NA | NA | NA | 15.12% |
| Peer 25th percentile | 11.47% | 11.47% | 12.48% | 10.03% | ||
| Peer median | 12.18% | 12.18% | 13.21% | 10.39% | ||
| Peer 75th percentile | 13.84% | 13.84% | 15.07% | 11.38% | ||
| This bank's percentile | 62 | 62 | 62 | 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/2963266/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.