First State Bank of Middlebury: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 9.70% (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: 9.70% (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 16.45% +9.95 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 | $112.4M | 112,449 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $683.6M | 683,603 | RCOAA223 |
| Recomputed ratio | 16.45% | numerator / denominator | |
| Filed ratio | 16.45% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +9.95 pp | $68.0M | capital that could be lost first |
Tier 1 risk-based capital ratio 16.45% +8.45 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 | $112.4M | 112,449 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $683.6M | 683,603 | RCOAA223 |
| Recomputed ratio | 16.45% | numerator / denominator | |
| Filed ratio | 16.45% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +8.45 pp | $57.8M | capital that could be lost first |
Total risk-based capital ratio 17.70% +7.70 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 | $121.0M | 121,024 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $683.6M | 683,603 | RCOAA223 |
| Recomputed ratio | 17.70% | numerator / denominator | |
| Filed ratio | 17.70% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +7.70 pp | $52.7M | capital that could be lost first |
Tier 1 leverage ratio 13.37% +8.37 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 | $112.4M | 112,449 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $841.1M | 841,137 | RCOAA224 |
| Recomputed ratio | 13.37% | numerator / denominator | |
| Filed ratio | 13.37% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +8.37 pp | $70.4M | 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 | 10,647 | 10,647 | 10,647 | 10,647 | 10,647 | 10,647 | RCOAP742 |
| Retained earnings | 101,852 | 99,447 | 98,252 | 97,888 | 95,207 | 92,834 | RCOAKW00 |
| Accumulated other comprehensive income | (15,351) | (16,937) | (15,165) | (16,825) | (20,176) | (19,800) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 97,148 | 93,157 | 93,734 | 91,710 | 85,678 | 83,681 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 15,301 | 16,887 | 15,115 | 16,775 | 20,126 | 19,750 | P859 - P840 |
| Common equity Tier 1 capital | 112,449 | 110,044 | 108,849 | 108,485 | 105,804 | 103,431 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 112,449 | 110,044 | 108,849 | 108,485 | 105,804 | 103,431 | RCOA8274 |
| Tier 2 capital | 8,575 | 8,350 | 8,358 | 8,128 | 8,105 | 7,896 | RCOA5311 |
| Allowance includable in Tier 2 capital | 8,575 | 8,350 | 8,358 | 8,128 | 8,105 | 7,896 | RCOA5310 |
| Total capital | 121,024 | 118,394 | 117,207 | 116,613 | 113,909 | 111,327 | RCOA3792 |
| Total risk-weighted assets | 683,603 | 665,438 | 666,248 | 661,334 | 659,517 | 646,989 | RCOAA223 |
| Average total assets for the leverage ratio | 841,137 | 834,807 | 835,685 | 841,482 | 828,082 | 822,180 | 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 | $14.4M | $1.5M | 10.61% | 0.22% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $146.3M | $45.7M | 31.21% | 6.65% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $8.0M | $267K | 3.36% | 0.04% | RC-R Part II, item 3.a, 16 |
| Loans: residential mortgage | $198.7M | $103.3M | 52.00% | 15.06% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $9.3M | $13.9M | 150.00% | 2.03% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $450.9M | $450.9M | 100.00% | 65.72% | RC-R Part II, item 4.d, 5.d |
| All other assets | $45.6M | $45.9M | 100.68% | 6.70% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $24.6M | $24.6M | 100.00% | 3.58% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $500 | NA | 0.00% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $686.1M | ties to item 31 ($686.1M) |
|---|---|---|
| Risk-weighted assets before deductions | $686.1M | RCONB704 |
| Less: excess allowance for credit losses | $2.5M | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $683.6M | 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 | 16.45% | 16.45% | 17.70% | 13.37% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 16.54% | 16.54% | 17.79% | 13.18% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 16.34% | 16.34% | 17.59% | 13.03% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 16.40% | 16.40% | 17.63% | 12.89% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 16.04% | 16.04% | 17.27% | 12.78% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | Risk-based | 15.99% | 15.99% | 17.21% | 12.58% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | Risk-based | 16.17% | 16.17% | 17.40% | 12.41% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | Risk-based | 15.92% | 15.92% | 17.15% | 12.17% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | Risk-based | 15.75% | 15.75% | 16.98% | 12.04% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | Risk-based | 15.63% | 15.63% | 16.88% | 11.88% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | Risk-based | 15.14% | 15.14% | 16.39% | 11.61% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | Risk-based | 15.38% | 15.38% | 16.63% | 11.69% | 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 State Bank of Middlebury (this bank) | Risk-based | 16.45% | 16.45% | 17.70% | 13.37% | |
| Hana Bank USA, N.A. | $835.2M | Risk-based | 42.21% | 42.21% | 43.06% | 25.41% |
| Northeast Bank | $837.3M | Risk-based | 12.31% | 12.31% | 13.17% | 10.13% |
| DMB Community Bank | $835.0M | Risk-based | 16.15% | 16.15% | 17.40% | 10.98% |
| Freedom Bank | $838.3M | Risk-based | 11.95% | 11.95% | 12.62% | 9.78% |
| Hebron Savings Bank | $838.8M | Risk-based | 16.05% | 16.05% | 17.30% | 13.35% |
| West Shore Bank | $833.6M | Risk-based | 11.68% | 11.68% | 12.62% | 9.85% |
| Timberline Bank | $832.6M | Risk-based | 12.01% | 12.01% | 13.26% | 9.38% |
| Citizens Bank | $832.5M | CBLR | NA | NA | NA | 16.29% |
| Prairie State Bank & Trust | $840.1M | CBLR | NA | NA | NA | 12.39% |
| First Utah Bank | $840.3M | CBLR | NA | NA | NA | 10.22% |
| Peer 25th percentile | 11.98% | 11.98% | 12.89% | 9.92% | ||
| Peer median | 12.31% | 12.31% | 13.26% | 10.60% | ||
| Peer 75th percentile | 16.10% | 16.10% | 17.35% | 13.11% | ||
| This bank's percentile | 86 | 86 | 86 | 80 |
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/967046/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.