National Bank of Middlebury: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 9.42% (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: 9.42% (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 17.00% +10.50 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 | $55.8M | 55,755 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $328.0M | 328,023 | RCOAA223 |
| Recomputed ratio | 17.00% | numerator / denominator | |
| Filed ratio | 17.00% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +10.50 pp | $34.4M | capital that could be lost first |
Tier 1 risk-based capital ratio 17.00% +9.00 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 | $55.8M | 55,755 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $328.0M | 328,023 | RCOAA223 |
| Recomputed ratio | 17.00% | numerator / denominator | |
| Filed ratio | 17.00% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +9.00 pp | $29.5M | capital that could be lost first |
Total risk-based capital ratio 17.42% +7.42 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 | $57.1M | 57,142 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $328.0M | 328,023 | RCOAA223 |
| Recomputed ratio | 17.42% | numerator / denominator | |
| Filed ratio | 17.42% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +7.42 pp | $24.3M | capital that could be lost first |
Tier 1 leverage ratio 9.86% +4.86 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 | $55.8M | 55,755 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $565.7M | 565,674 | RCOAA224 |
| Recomputed ratio | 9.86% | numerator / denominator | |
| Filed ratio | 9.86% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +4.86 pp | $27.5M | 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 | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | RCOAP742 |
| Retained earnings | 54,355 | 53,224 | 52,080 | 51,243 | 49,562 | 48,580 | RCOAKW00 |
| Accumulated other comprehensive income | (10,362) | (10,373) | (9,671) | (10,745) | (12,671) | (13,743) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 45,393 | 44,251 | 43,809 | 41,898 | 38,291 | 36,237 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 10,362 | 10,373 | 9,671 | 10,745 | 12,671 | 13,743 | P859 - P840 |
| Common equity Tier 1 capital | 55,755 | 54,624 | 53,480 | 52,643 | 50,962 | 49,980 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 55,755 | 54,624 | 53,480 | 52,643 | 50,962 | 49,980 | RCOA8274 |
| Tier 2 capital | 1,387 | 1,391 | 1,367 | 1,378 | 1,383 | 1,403 | RCOA5311 |
| Allowance includable in Tier 2 capital | 1,387 | 1,391 | 1,367 | 1,378 | 1,383 | 1,403 | RCOA5310 |
| Total capital | 57,142 | 56,015 | 54,847 | 54,021 | 52,345 | 51,383 | RCOA3792 |
| Total risk-weighted assets | 328,023 | 323,778 | 330,429 | 329,860 | 327,551 | 326,596 | RCOAA223 |
| Average total assets for the leverage ratio | 565,674 | 564,433 | 572,095 | 566,240 | 565,063 | 563,005 | 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 | $14.0M | $965K | 6.89% | 0.29% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $164.1M | $30.8M | 18.80% | 9.40% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $217.2M | $118.4M | 54.52% | 36.10% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $528K | $792K | 150.00% | 0.24% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $131.7M | $114.3M | 86.80% | 34.86% | RC-R Part II, item 4.d, 5.d |
| All other assets | $38.5M | $37.7M | 97.92% | 11.48% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $23.1M | $22.5M | 97.21% | 6.86% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $2.5M | NA | 0.77% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $325.5M | does not tie to item 31 ($325.9M) |
|---|---|---|
| Risk-weighted assets before deductions | $328.0M | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $328.0M | 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 | 17.00% | 17.00% | 17.42% | 9.86% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 16.87% | 16.87% | 17.30% | 9.68% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 16.18% | 16.18% | 16.60% | 9.35% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 15.96% | 15.96% | 16.38% | 9.30% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 15.56% | 15.56% | 15.98% | 9.02% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | Risk-based | 15.30% | 15.30% | 15.73% | 8.88% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | Risk-based | 15.00% | 15.00% | 15.43% | 8.56% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | Risk-based | 14.76% | 14.76% | 15.20% | 8.44% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | Risk-based | 14.38% | 14.38% | 14.82% | 8.24% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | Risk-based | 14.31% | 14.31% | 14.76% | 8.17% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | Risk-based | 14.40% | 14.40% | 14.84% | 8.01% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | Risk-based | 14.36% | 14.36% | 14.80% | 7.95% | 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 |
|---|---|---|---|---|---|---|
| National Bank of Middlebury (this bank) | Risk-based | 17.00% | 17.00% | 17.42% | 9.86% | |
| Community State Bank | $553.6M | Risk-based | 13.34% | 13.34% | 14.59% | 9.51% |
| First Federal Savings Bank | $553.6M | CBLR | NA | NA | NA | 10.46% |
| Eastern Michigan Bank | $553.6M | Risk-based | 19.57% | 19.57% | 20.29% | 11.99% |
| Commercial Bank | $552.7M | Risk-based | 17.40% | 17.40% | 18.36% | 10.89% |
| Luminate Bank | $554.5M | Risk-based | 12.73% | 12.73% | 13.79% | 10.40% |
| Portage Community Bank | $552.2M | Risk-based | 14.94% | 14.94% | 15.96% | 10.83% |
| Premier Community Bank | $552.1M | Risk-based | 11.90% | 11.90% | 13.09% | 8.54% |
| Nave Bank | $555.0M | Risk-based | 24.87% | 24.87% | 25.83% | 13.84% |
| Goldwater Bank, N.A. | $551.9M | CBLR | NA | NA | NA | 11.13% |
| Peer 25th percentile | 13.04% | 13.04% | 14.19% | 10.40% | ||
| Peer median | 14.94% | 14.94% | 15.96% | 10.83% | ||
| Peer 75th percentile | 18.48% | 18.48% | 19.32% | 11.13% | ||
| This bank's percentile | 57 | 57 | 57 | 22 |
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/173306/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.