Northern State Bank of Virginia: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 8.26% (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: 8.26% (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 15.36% +8.86 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 | $10.3M | 10,299 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $67.1M | 67,059 | RCOAA223 |
| Recomputed ratio | 15.36% | numerator / denominator | |
| Filed ratio | 15.36% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +8.86 pp | $5.9M | capital that could be lost first |
Tier 1 risk-based capital ratio 15.36% +7.36 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 | $10.3M | 10,299 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $67.1M | 67,059 | RCOAA223 |
| Recomputed ratio | 15.36% | numerator / denominator | |
| Filed ratio | 15.36% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +7.36 pp | $4.9M | capital that could be lost first |
Total risk-based capital ratio 16.26% +6.26 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 | $10.9M | 10,905 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $67.1M | 67,059 | RCOAA223 |
| Recomputed ratio | 16.26% | numerator / denominator | |
| Filed ratio | 16.26% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +6.26 pp | $4.2M | capital that could be lost first |
Tier 1 leverage ratio 10.17% +5.17 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 | $10.3M | 10,299 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $101.3M | 101,299 | RCOAA224 |
| Recomputed ratio | 10.17% | numerator / denominator | |
| Filed ratio | 10.17% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +5.17 pp | $5.2M | 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 | 10,013 | 10,013 | 9,513 | 9,513 | 9,513 | 9,513 | RCOAP742 |
| Retained earnings | 640 | 572 | 909 | 692 | 678 | 507 | RCOAKW00 |
| Accumulated other comprehensive income | (266) | (457) | (350) | (462) | (563) | (738) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 10,387 | 10,128 | 10,072 | 9,743 | 9,628 | 9,282 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (88) | 59 | (92) | (24) | 33 | 163 | P859 - P840 |
| Common equity Tier 1 capital | 10,299 | 10,187 | 9,980 | 9,719 | 9,661 | 9,445 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 10,299 | 10,187 | 9,980 | 9,719 | 9,661 | 9,445 | RCOA8274 |
| Tier 2 capital | 606 | 640 | 616 | 588 | 566 | 566 | RCOA5311 |
| Allowance includable in Tier 2 capital | 606 | 640 | 616 | 588 | 566 | 566 | RCOA5310 |
| Total capital | 10,905 | 10,827 | 10,596 | 10,307 | 10,227 | 10,011 | RCOA3792 |
| Total risk-weighted assets | 67,059 | 66,192 | 66,157 | 66,346 | 63,465 | 64,664 | RCOAA223 |
| Average total assets for the leverage ratio | 101,299 | 102,965 | 102,435 | 100,017 | 97,061 | 100,791 | 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 | $8.6M | $163K | 1.90% | 0.24% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $13.6M | $2.2M | 16.36% | 3.31% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $4.1M | $815K | 20.00% | 1.22% | RC-R Part II, item 3.a, 16 |
| Loans: residential mortgage | $33.0M | $18.2M | 55.26% | 27.17% | RC-R Part II, item 4.a, 5.a |
| Loans: all other | $39.9M | $39.9M | 100.00% | 59.48% | RC-R Part II, item 4.d, 5.d |
| All other assets | $3.4M | $3.3M | 98.58% | 4.96% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $2.4M | $2.4M | 100.00% | 3.62% | 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 | $67.1M | ties to item 31 ($67.1M) |
|---|---|---|
| Risk-weighted assets before deductions | $67.1M | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $67.1M | 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 | 15.36% | 15.36% | 16.26% | 10.17% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 15.39% | 15.39% | 16.36% | 9.89% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 15.09% | 15.09% | 16.02% | 9.74% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 14.65% | 14.65% | 15.54% | 9.72% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 15.22% | 15.22% | 16.11% | 9.95% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | Risk-based | 14.61% | 14.61% | 15.48% | 9.37% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | Risk-based | 14.29% | 14.29% | 15.14% | 9.00% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | Risk-based | 13.95% | 13.95% | 14.78% | 9.02% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | Risk-based | 14.29% | 14.29% | 15.16% | 8.95% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | Risk-based | 13.15% | 13.15% | 13.95% | 8.92% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | Risk-based | 14.29% | 14.29% | 15.16% | 8.76% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | Risk-based | 14.53% | 14.53% | 15.40% | 8.75% | 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 |
|---|---|---|---|---|---|---|
| Northern State Bank of Virginia (this bank) | Risk-based | 15.36% | 15.36% | 16.26% | 10.17% | |
| The First National Bank of Hebbronville | $102.0M | Risk-based | 48.13% | 48.13% | 48.74% | 16.51% |
| The Citizens National Bank of McConnelsville | $102.1M | CBLR | NA | NA | NA | 12.24% |
| Black River Country Bank | $101.8M | Risk-based | 12.26% | 12.26% | 13.52% | 8.94% |
| Gunnison Savings and Loan Association | $102.2M | CBLR | NA | NA | NA | 12.90% |
| United Orient Bank | $101.4M | CBLR | NA | NA | NA | 12.53% |
| California Pacific Bank | $102.6M | Risk-based | 40.47% | 40.47% | 41.77% | 40.98% |
| Kansas State Bank | $101.2M | CBLR | NA | NA | NA | 13.17% |
| Century Bank of Florida | $101.1M | Risk-based | 15.55% | 15.55% | 16.80% | 10.56% |
| The Bank of Milan | $101.1M | CBLR | NA | NA | NA | 9.52% |
| Security State Bank | $103.0M | Risk-based | 13.55% | 13.55% | 14.55% | 8.24% |
| Peer 25th percentile | 13.55% | 13.55% | 14.55% | 9.78% | ||
| Peer median | 15.55% | 15.55% | 16.80% | 12.39% | ||
| Peer 75th percentile | 40.47% | 40.47% | 41.77% | 13.10% | ||
| This bank's percentile | 40 | 40 | 40 | 30 |
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/774253/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.