Independent Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 3.05% (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: 3.05% (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 10.22% +3.72 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 | $180.4M | 180,376 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.76B | 1,764,675 | RCOAA223 |
| Recomputed ratio | 10.22% | numerator / denominator | |
| Filed ratio | 10.22% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +3.72 pp | $65.7M | capital that could be lost first |
Tier 1 risk-based capital ratio 10.22% +2.22 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 | $180.4M | 180,376 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.76B | 1,764,675 | RCOAA223 |
| Recomputed ratio | 10.22% | numerator / denominator | |
| Filed ratio | 10.22% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +2.22 pp | $39.2M | capital that could be lost first |
Total risk-based capital ratio 11.05% +1.05 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 | $195.1M | 195,062 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.76B | 1,764,675 | RCOAA223 |
| Recomputed ratio | 11.05% | numerator / denominator | |
| Filed ratio | 11.05% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +1.05 pp | $18.6M | capital that could be lost first |
Tier 1 leverage ratio 10.60% +5.60 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 | $180.4M | 180,376 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $1.70B | 1,701,850 | RCOAA224 |
| Recomputed ratio | 10.60% | numerator / denominator | |
| Filed ratio | 10.60% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +5.60 pp | $95.3M | 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 | 81,536 | 81,277 | 82,128 | 82,344 | 82,124 | 76,039 | RCOAP742 |
| Retained earnings | 113,572 | 107,879 | 110,643 | 104,784 | 104,467 | 98,979 | RCOAKW00 |
| Accumulated other comprehensive income | 3 | 3 | 5 | 5 | 4 | 4 | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 195,111 | 189,159 | 192,776 | 187,133 | 186,595 | 175,022 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (14,735) | (14,735) | (14,737) | (14,737) | (14,736) | (14,736) | P859 - P840 |
| Common equity Tier 1 capital | 180,376 | 174,424 | 178,039 | 172,396 | 171,859 | 160,286 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 180,376 | 174,424 | 178,039 | 172,396 | 171,859 | 160,286 | RCOA8274 |
| Tier 2 capital | 14,686 | 14,057 | 13,889 | 14,090 | 14,479 | 14,479 | RCOA5311 |
| Allowance includable in Tier 2 capital | 14,686 | 14,057 | 13,889 | 14,090 | 14,479 | 14,479 | RCOA5310 |
| Total capital | 195,062 | 188,481 | 191,928 | 186,486 | 186,338 | 174,765 | RCOA3792 |
| Total risk-weighted assets | 1,764,675 | 1,642,036 | 1,703,279 | 1,685,398 | 1,749,610 | 1,471,957 | RCOAA223 |
| Average total assets for the leverage ratio | 1,701,850 | 1,663,320 | 1,705,865 | 1,708,669 | 1,618,361 | 1,498,331 | 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 | $109.4M | $2.2M | 1.97% | 0.12% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $7.4M | $734K | 9.92% | 0.04% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $101.1M | $50.5M | 50.00% | 2.86% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $11.4M | $17.0M | 150.00% | 0.97% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $1.22B | $1.22B | 99.76% | 69.00% | RC-R Part II, item 4.d, 5.d |
| All other assets | $404.1M | $406.0M | 100.48% | 23.01% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $70.6M | $70.6M | 100.00% | 4.00% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | -$200 | 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 | $1.76B | ties to item 31 ($1.76B) |
|---|---|---|
| Risk-weighted assets before deductions | $1.76B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $1.76B | 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 | 10.22% | 10.22% | 11.05% | 10.60% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 10.62% | 10.62% | 11.48% | 10.49% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 10.45% | 10.45% | 11.27% | 10.44% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 10.23% | 10.23% | 11.06% | 10.09% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 9.82% | 9.82% | 10.65% | 10.62% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 10.89% | 10.89% | 11.87% | 10.70% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 10.45% | 10.45% | 11.41% | 10.42% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 10.69% | 10.69% | 11.68% | 10.49% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 10.19% | 10.19% | 11.19% | 10.71% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 10.78% | 10.78% | 11.88% | 10.71% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 10.92% | 10.92% | 12.02% | 10.70% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 10.87% | 10.87% | 12.02% | 10.76% | 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 |
|---|---|---|---|---|---|---|
| Independent Bank (this bank) | Risk-based | 10.22% | 10.22% | 11.05% | 10.60% | |
| Cornerstone Bank | $1.85B | Risk-based | 11.28% | 11.28% | 12.44% | 9.63% |
| First State Bank | $1.85B | Risk-based | 14.08% | 14.08% | 15.18% | 9.61% |
| Fall River Five Cents Savings Bank | $1.86B | Risk-based | 11.61% | 11.61% | 12.38% | 8.70% |
| Security National Bank of Omaha | $1.86B | Risk-based | 13.37% | 13.37% | 14.63% | 10.58% |
| Embassy Bank for the Lehigh Valley | $1.86B | Risk-based | 14.10% | 14.10% | 15.16% | 8.83% |
| Bank of Clarke | $1.85B | Risk-based | 14.29% | 14.29% | 15.48% | 12.27% |
| American Bank of Commerce | $1.86B | CBLR | NA | NA | NA | 9.65% |
| Legacy Bank & Trust Company | $1.85B | CBLR | NA | NA | NA | 11.91% |
| North Easton Savings Bank | $1.84B | Risk-based | 16.22% | 16.22% | 16.80% | 11.19% |
| Wellworth Bank | $1.84B | Risk-based | 13.79% | 13.79% | 14.98% | 9.92% |
| Peer 25th percentile | 12.93% | 12.93% | 14.08% | 9.61% | ||
| Peer median | 13.93% | 13.93% | 15.07% | 9.78% | ||
| Peer 75th percentile | 14.15% | 14.15% | 15.25% | 11.04% | ||
| This bank's percentile | 0 | 0 | 0 | 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/2666400/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.