| Schedule of Bank Capital Amount and Ratio |
The Company and the Bank’s capital amounts and ratios are also presented in the following table at December 31, 2019 and 2018 (dollars in thousands):
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Required in Order to Be |
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Required for Capital |
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Well Capitalized Under |
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Actual |
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Adequacy Purposes |
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PCA |
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Amount |
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Ratio |
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Amount |
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Ratio |
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Amount |
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Ratio |
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As of December 31, 2019 |
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Common equity Tier 1 capital to risk weighted assets: |
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Consolidated |
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$ |
1,437,908 |
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10.24 |
% |
$ |
631,893 |
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4.50 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,704,426 |
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12.18 |
% |
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629,714 |
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4.50 |
% |
909,587 |
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6.50 |
% |
Tier 1 capital to risk weighted assets: |
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Consolidated |
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1,437,908 |
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10.24 |
% |
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842,524 |
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6.00 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,704,426 |
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12.18 |
% |
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839,619 |
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6.00 |
% |
1,119,492 |
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8.00 |
% |
Total capital to risk weighted assets: |
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Consolidated |
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1,773,835 |
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12.63 |
% |
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1,123,569 |
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8.00 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,747,620 |
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12.48 |
% |
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1,120,269 |
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8.00 |
% |
1,400,337 |
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10.00 |
% |
Tier 1 capital to average adjusted assets: |
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Consolidated |
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1,437,908 |
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8.79 |
% |
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654,338 |
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4.00 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,704,426 |
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10.45 |
% |
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652,412 |
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4.00 |
% |
815,515 |
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5.00 |
% |
As of December 31, 2018 |
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Common equity Tier 1 capital to risk weighted assets: |
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Consolidated |
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$ |
1,106,871 |
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9.93 |
% |
$ |
501,608 |
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4.50 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,378,039 |
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12.40 |
% |
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500,224 |
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4.50 |
% |
722,546 |
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6.50 |
% |
Tier 1 capital to risk weighted assets: |
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Consolidated |
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1,236,709 |
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11.09 |
% |
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668,817 |
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6.00 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,378,039 |
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12.40 |
% |
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666,965 |
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6.00 |
% |
889,287 |
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8.00 |
% |
Total capital to risk weighted assets: |
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Consolidated |
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1,435,711 |
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12.88 |
% |
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891,753 |
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8.00 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,419,984 |
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12.77 |
% |
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889,289 |
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8.00 |
% |
1,111,612 |
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10.00 |
% |
Tier 1 capital to average adjusted assets: |
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Consolidated |
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1,236,709 |
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9.71 |
% |
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509,678 |
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4.00 |
% |
NA |
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NA |
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Atlantic Union Bank |
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1,378,039 |
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10.84 |
% |
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508,412 |
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4.00 |
% |
635,515 |
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5.00 |
% |
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