Thrivent Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 48.04% (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: 48.04% (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 55.55% +49.05 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 | $315.0M | 315,021 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $567.1M | 567,076 | RCOAA223 |
| Recomputed ratio | 55.55% | numerator / denominator | |
| Filed ratio | 55.55% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +49.05 pp | $278.2M | capital that could be lost first |
Tier 1 risk-based capital ratio 55.55% +47.55 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 | $315.0M | 315,021 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $567.1M | 567,076 | RCOAA223 |
| Recomputed ratio | 55.55% | numerator / denominator | |
| Filed ratio | 55.55% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +47.55 pp | $269.7M | capital that could be lost first |
Total risk-based capital ratio 56.04% +46.04 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 | $317.8M | 317,806 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $567.1M | 567,076 | RCOAA223 |
| Recomputed ratio | 56.04% | numerator / denominator | |
| Filed ratio | 56.04% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +46.04 pp | $261.1M | capital that could be lost first |
Tier 1 leverage ratio 29.76% +24.76 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 | $315.0M | 315,021 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $1.06B | 1,058,496 | RCOAA224 |
| Recomputed ratio | 29.76% | numerator / denominator | |
| Filed ratio | 29.76% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +24.76 pp | $262.1M | 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 | Source |
|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 374,058 | 374,058 | 374,058 | 374,058 | 374,006 | RCOAP742 |
| Retained earnings | (42,390) | (35,985) | (34,636) | (34,016) | (34,635) | RCOAKW00 |
| Accumulated other comprehensive income | 738 | 1,941 | 2,669 | 2,187 | 1,864 | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 332,406 | 340,014 | 342,091 | 342,229 | 341,235 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (17,385) | (19,470) | (21,079) | (33,077) | (33,995) | P859 - P840 |
| Common equity Tier 1 capital | 315,021 | 320,544 | 321,012 | 309,152 | 307,240 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 315,021 | 320,544 | 321,012 | 309,152 | 307,240 | RCOA8274 |
| Tier 2 capital | 2,785 | 2,679 | 2,723 | 2,433 | 2,663 | RCOA5311 |
| Allowance includable in Tier 2 capital | 2,785 | 2,679 | 2,723 | 2,433 | 2,663 | RCOA5310 |
| Total capital | 317,806 | 323,223 | 323,735 | 311,585 | 309,903 | RCOA3792 |
| Total risk-weighted assets | 567,076 | 574,335 | 572,194 | 532,243 | 530,044 | RCOAA223 |
| Average total assets for the leverage ratio | 1,058,496 | 1,094,624 | 1,098,434 | 1,096,698 | 1,098,372 | 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 | $122.3M | $338K | 0.28% | 0.06% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $166.5M | $33.2M | 19.97% | 5.86% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $217.9M | $134.1M | 61.54% | 23.65% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $1.5M | $1.0M | 68.11% | 0.18% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $354.9M | $354.2M | 99.81% | 62.45% | RC-R Part II, item 4.d, 5.d |
| All other assets | $27.7M | $29.4M | 106.40% | 5.19% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $21.6M | $14.8M | 68.42% | 2.61% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $100 | 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 | $567.1M | ties to item 31 ($567.1M) |
|---|---|---|
| Risk-weighted assets before deductions | $567.1M | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $567.1M | RCONG641, ties |
5 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 | 55.55% | 55.55% | 56.04% | 29.76% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 55.81% | 55.81% | 56.28% | 29.28% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 56.10% | 56.10% | 56.58% | 29.22% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 58.08% | 58.08% | 58.54% | 28.19% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 57.97% | 57.97% | 58.47% | 27.97% | 14.75% | 14.79% | 15.93% | 10.80% |
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 |
|---|---|---|---|---|---|---|
| Thrivent Bank (this bank) | Risk-based | 55.55% | 55.55% | 56.04% | 29.76% | |
| Paragon Bank | $908.1M | Risk-based | 11.27% | 11.27% | 12.38% | 8.67% |
| Peoples Bank & Trust Co. | $908.3M | CBLR | NA | NA | NA | 9.96% |
| Citizens State Bank of New Castle | $908.8M | Risk-based | 15.37% | 15.37% | 16.62% | 10.45% |
| First American Bank and Trust Company | $901.9M | Risk-based | 17.22% | 17.22% | 18.47% | 13.34% |
| Greenfield Co-Operative Bank | $901.8M | CBLR | NA | NA | NA | 12.47% |
| Stifel Trust Company N.A. | $911.0M | Risk-based | 38.50% | 38.50% | 38.50% | 7.52% |
| Heartland Bank | $911.1M | CBLR | NA | NA | NA | 10.25% |
| Versabank USA, N.A. | $911.9M | Risk-based | 30.43% | 30.43% | 30.43% | 22.46% |
| New Millennium Bank | $899.1M | Risk-based | 21.34% | 21.34% | 22.59% | 14.57% |
| Mechanics Cooperative Bank | $898.8M | Risk-based | 14.38% | 14.38% | 15.37% | 12.38% |
| Peer 25th percentile | 14.87% | 14.87% | 15.99% | 10.03% | ||
| Peer median | 17.22% | 17.22% | 18.47% | 11.42% | ||
| Peer 75th percentile | 25.88% | 25.88% | 26.51% | 13.13% | ||
| This bank's percentile | 100 | 100 | 100 | 100 |
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/4457536/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.