Merrimack County Savings Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 6.00% (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: 6.00% (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 12.75% +6.25 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 | $135.8M | 135,751 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.06B | 1,064,421 | RCOAA223 |
| Recomputed ratio | 12.75% | numerator / denominator | |
| Filed ratio | 12.75% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +6.25 pp | $66.6M | capital that could be lost first |
Tier 1 risk-based capital ratio 12.75% +4.75 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 | $135.8M | 135,751 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.06B | 1,064,421 | RCOAA223 |
| Recomputed ratio | 12.75% | numerator / denominator | |
| Filed ratio | 12.75% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +4.75 pp | $50.6M | capital that could be lost first |
Total risk-based capital ratio 14.00% +4.00 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 | $149.1M | 149,065 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.06B | 1,064,421 | RCOAA223 |
| Recomputed ratio | 14.00% | numerator / denominator | |
| Filed ratio | 14.00% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +4.00 pp | $42.6M | capital that could be lost first |
Tier 1 leverage ratio 9.76% +4.76 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 | $135.8M | 135,751 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $1.39B | 1,391,278 | RCOAA224 |
| Recomputed ratio | 9.76% | numerator / denominator | |
| Filed ratio | 9.76% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +4.76 pp | $66.2M | 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 | 10,004 | 9,954 | 9,929 | 9,904 | 9,879 | 9,854 | RCOAP742 |
| Retained earnings | 128,293 | 126,973 | 125,284 | 124,683 | 123,700 | 123,065 | RCOAKW00 |
| Accumulated other comprehensive income | (12,587) | (12,325) | (12,062) | (12,852) | (14,263) | (14,799) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 125,710 | 124,602 | 123,151 | 121,735 | 119,316 | 118,120 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 10,041 | 9,778 | 9,517 | 10,306 | 11,717 | 12,252 | P859 - P840 |
| Common equity Tier 1 capital | 135,751 | 134,380 | 132,668 | 132,041 | 131,033 | 130,372 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 135,751 | 134,380 | 132,668 | 132,041 | 131,033 | 130,372 | RCOA8274 |
| Tier 2 capital | 13,314 | 13,002 | 13,057 | 12,954 | 13,059 | 13,038 | RCOA5311 |
| Allowance includable in Tier 2 capital | 13,314 | 13,002 | 13,057 | 12,954 | 13,059 | 13,038 | RCOA5310 |
| Total capital | 149,065 | 147,382 | 145,725 | 144,995 | 144,092 | 143,410 | RCOA3792 |
| Total risk-weighted assets | 1,064,421 | 1,039,408 | 1,044,103 | 1,035,846 | 1,044,318 | 1,042,821 | RCOAA223 |
| Average total assets for the leverage ratio | 1,391,278 | 1,405,494 | 1,386,763 | 1,347,541 | 1,356,597 | 1,364,435 | 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 | $43.0M | $2.4M | 5.47% | 0.22% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $152.3M | $27.7M | 18.16% | 2.60% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $46.9M | $131K | 0.28% | 0.01% | RC-R Part II, item 3.a, 16 |
| Loans: residential mortgage | $513.4M | $261.3M | 50.89% | 24.53% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $5.0M | $7.6M | 150.00% | 0.71% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $666.8M | $664.0M | 99.58% | 62.34% | RC-R Part II, item 4.d, 5.d |
| All other assets | $54.2M | $51.0M | 94.00% | 4.79% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $52.2M | $51.2M | 98.03% | 4.81% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $266K | $0 | 0.00% | 0.00% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $600 | 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 | $1.07B | ties to item 31 ($1.07B) |
|---|---|---|
| Risk-weighted assets before deductions | $1.07B | RCONB704 |
| Less: excess allowance for credit losses | $720K | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $1.06B | 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 | 12.75% | 12.75% | 14.00% | 9.76% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 12.93% | 12.93% | 14.18% | 9.56% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 12.71% | 12.71% | 13.96% | 9.57% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 12.75% | 12.75% | 14.00% | 9.80% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 12.55% | 12.55% | 13.80% | 9.66% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 12.50% | 12.50% | 13.75% | 9.55% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 12.46% | 12.46% | 13.69% | 9.44% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 12.27% | 12.27% | 13.45% | 9.30% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 12.11% | 12.11% | 13.29% | 9.38% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 12.21% | 12.21% | 13.35% | 9.37% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 12.11% | 12.11% | 13.25% | 9.28% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 11.73% | 11.73% | 12.85% | 9.08% | 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 |
|---|---|---|---|---|---|---|
| Merrimack County Savings Bank (this bank) | Risk-based | 12.75% | 12.75% | 14.00% | 9.76% | |
| 1st Financial Bank USA | $1.40B | Risk-based | 21.06% | 21.06% | 22.31% | 16.34% |
| Benchmark Community Bank | $1.41B | Risk-based | 13.02% | 13.02% | 13.87% | 9.80% |
| Grove Bank & Trust | $1.41B | Risk-based | 15.22% | 15.22% | 16.47% | 9.96% |
| The Croghan Colonial Bank | $1.41B | Risk-based | 12.34% | 12.34% | 13.25% | 10.13% |
| Central Bank | $1.42B | Risk-based | 12.93% | 12.93% | 13.98% | 10.07% |
| Sullivan Bank | $1.40B | Risk-based | 11.52% | 11.52% | 12.77% | 8.75% |
| Farmers & Merchants Bank | $1.40B | Risk-based | 13.50% | 13.50% | 14.43% | 9.10% |
| The Bennington State Bank | $1.42B | Risk-based | 13.85% | 13.85% | 15.11% | 9.51% |
| Peer 25th percentile | 12.78% | 12.78% | 13.72% | 9.41% | ||
| Peer median | 13.26% | 13.26% | 14.21% | 9.88% | ||
| Peer 75th percentile | 14.19% | 14.19% | 15.45% | 10.08% | ||
| This bank's percentile | 25 | 25 | 50 | 38 |
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/74403/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.