Passumpsic Savings Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 12.84% (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: 12.84% (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 19.67% +13.17 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 | $121.2M | 121,151 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $616.0M | 615,977 | RCOAA223 |
| Recomputed ratio | 19.67% | numerator / denominator | |
| Filed ratio | 19.67% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +13.17 pp | $81.1M | capital that could be lost first |
Tier 1 risk-based capital ratio 19.67% +11.67 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 | $121.2M | 121,151 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $616.0M | 615,977 | RCOAA223 |
| Recomputed ratio | 19.67% | numerator / denominator | |
| Filed ratio | 19.67% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +11.67 pp | $71.9M | capital that could be lost first |
Total risk-based capital ratio 20.84% +10.84 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 | $128.4M | 128,378 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $616.0M | 615,977 | RCOAA223 |
| Recomputed ratio | 20.84% | numerator / denominator | |
| Filed ratio | 20.84% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +10.84 pp | $66.8M | capital that could be lost first |
Tier 1 leverage ratio 13.06% +8.06 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 | $121.2M | 121,151 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $927.6M | 927,586 | RCOAA224 |
| Recomputed ratio | 13.06% | numerator / denominator | |
| Filed ratio | 13.06% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +8.06 pp | $74.8M | 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 | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP742 |
| Retained earnings | 135,337 | 130,072 | 129,022 | 127,656 | 125,413 | 122,807 | RCOAKW00 |
| Accumulated other comprehensive income | (8,286) | (8,142) | (8,020) | (8,431) | (9,298) | (9,696) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 127,051 | 121,930 | 121,002 | 119,225 | 116,115 | 113,111 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (5,900) | (6,044) | (6,166) | (5,755) | (4,888) | (4,490) | P859 - P840 |
| Common equity Tier 1 capital | 121,151 | 115,886 | 114,836 | 113,470 | 111,227 | 108,621 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 121,151 | 115,886 | 114,836 | 113,470 | 111,227 | 108,621 | RCOA8274 |
| Tier 2 capital | 7,227 | 7,209 | 7,128 | 7,316 | 7,186 | 7,059 | RCOA5311 |
| Allowance includable in Tier 2 capital | 7,227 | 7,209 | 7,128 | 7,316 | 7,186 | 7,059 | RCOA5310 |
| Total capital | 128,378 | 123,095 | 121,964 | 120,786 | 118,413 | 115,680 | RCOA3792 |
| Total risk-weighted assets | 615,977 | 610,271 | 607,330 | 585,276 | 574,772 | 564,622 | RCOAA223 |
| Average total assets for the leverage ratio | 927,586 | 925,568 | 922,661 | 886,911 | 871,489 | 875,097 | 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 | $65.9M | $1.9M | 2.90% | 0.31% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $156.0M | $141.5M | 90.67% | 22.97% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $469.8M | $237.5M | 50.55% | 38.56% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $315K | $472K | 150.00% | 0.08% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $184.9M | $158.0M | 85.42% | 25.65% | RC-R Part II, item 4.d, 5.d |
| All other assets | $58.1M | $55.7M | 95.79% | 9.04% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $18.2M | $18.2M | 100.00% | 2.96% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $2.7M | NA | 0.44% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $613.2M | ties to item 31 ($613.2M) |
|---|---|---|
| Risk-weighted assets before deductions | $616.0M | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $616.0M | 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 | 19.67% | 19.67% | 20.84% | 13.06% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 18.99% | 18.99% | 20.17% | 12.52% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 18.91% | 18.91% | 20.08% | 12.45% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 19.39% | 19.39% | 20.64% | 12.79% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 19.35% | 19.35% | 20.60% | 12.76% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | Risk-based | 19.24% | 19.24% | 20.49% | 12.41% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | Risk-based | 19.04% | 19.04% | 20.29% | 12.34% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | Risk-based | 18.69% | 18.69% | 19.94% | 12.75% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | Risk-based | 18.56% | 18.56% | 19.81% | 12.83% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | Risk-based | 18.31% | 18.31% | 19.56% | 12.64% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | Risk-based | 18.02% | 18.02% | 19.27% | 12.18% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | Risk-based | 18.16% | 18.16% | 19.41% | 11.54% | 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 |
|---|---|---|---|---|---|---|
| Passumpsic Savings Bank (this bank) | Risk-based | 19.67% | 19.67% | 20.84% | 13.06% | |
| Newfirst National Bank | $934.9M | CBLR | NA | NA | NA | 12.47% |
| American Plus Bank, N.A. | $935.0M | CBLR | NA | NA | NA | 16.46% |
| First Commerce Bank | $935.1M | CBLR | NA | NA | NA | 10.21% |
| Bank of Eastern Oregon | $933.6M | CBLR | NA | NA | NA | 11.59% |
| Texas Heritage National Bank | $936.4M | Risk-based | 11.14% | 11.14% | 12.35% | 10.17% |
| Pinnacle Bank | $937.0M | Risk-based | 16.45% | 16.45% | 17.54% | 11.88% |
| Franklin Savings Bank | $931.4M | CBLR | NA | NA | NA | 9.75% |
| Vermillion State Bank | $931.4M | CBLR | NA | NA | NA | 13.40% |
| Oxford Bank | $930.5M | Risk-based | 13.19% | 13.19% | 14.39% | 11.93% |
| Greenfield Banking Company | $930.5M | CBLR | NA | NA | NA | 13.92% |
| Peer 25th percentile | 12.17% | 12.17% | 13.37% | 10.56% | ||
| Peer median | 13.19% | 13.19% | 14.39% | 11.90% | ||
| Peer 75th percentile | 14.82% | 14.82% | 15.97% | 13.17% | ||
| This bank's percentile | 100 | 100 | 100 | 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/300009/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.