Annual report pursuant to Section 13 and 15(d)

REGULATORY MATTERS AND CAPITAL (Tables)

v3.22.4
REGULATORY MATTERS AND CAPITAL (Tables)
12 Months Ended
Dec. 31, 2022
Regulatory Capital Requirements [Abstract]  
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, 2022 and 2021 (dollars in thousands):

Required in Order to Be

 

Required for Capital

Well Capitalized Under

 

Actual

Adequacy Purposes

PCA

 

    

Amount

    

Ratio

    

Amount

    

Ratio

    

Amount

    

Ratio

 

As of December 31, 2022

 

  

 

  

 

  

 

  

 

  

 

  

Common equity Tier 1 capital to risk weighted assets:

 

  

 

  

 

  

 

  

 

  

 

  

Consolidated

$

1,684,088

 

9.95

%  

$

761,648

4.50%

NA

NA

Atlantic Union Bank

 

2,154,594

 

12.81

%  

 

756,883

4.50%

1,093,276

6.50%

Tier 1 capital to risk weighted assets:

 

 

 

Consolidated

 

1,850,444

 

10.93

%  

 

1,014,869

6.00%

NA

NA

Atlantic Union Bank

 

2,154,594

 

12.81

%  

 

1,009,178

6.00%

1,345,570

8.00%

Total capital to risk weighted assets:

 

 

 

Consolidated

 

2,319,160

 

13.70

%  

 

1,354,254

8.00%

NA

NA

Atlantic Union Bank

 

2,238,106

 

13.30

%  

 

1,346,229

8.00%

1,682,786

10.00%

Tier 1 capital to average adjusted assets:

 

 

 

Consolidated

 

1,850,444

 

9.42

%  

 

785,751

4.00%

NA

NA

Atlantic Union Bank

 

2,154,594

 

11.02

%  

 

782,067

4.00%

977,583

5.00%

As of December 31, 2021

 

  

 

  

 

  

 

  

 

  

 

  

Common equity Tier 1 capital to risk weighted assets:

 

  

 

  

 

  

 

  

 

  

 

  

Consolidated

$

1,569,752

 

10.24

%  

$

689,832

 

4.50%

NA

 

NA

Atlantic Union Bank

 

1,990,753

 

13.03

%  

 

687,520

 

4.50%

993,085

 

6.50%

Tier 1 capital to risk weighted assets:

 

 

 

 

 

 

Consolidated

 

1,736,108

 

11.32

%  

 

920,199

 

6.00%

NA

 

NA

Atlantic Union Bank

 

1,990,753

 

13.03

%  

 

916,694

 

6.00%

1,222,258

 

8.00%

Total capital to risk weighted assets:

 

 

 

 

 

 

Consolidated

 

2,173,543

 

14.17

%  

 

1,227,124

 

8.00%

NA

 

NA

Atlantic Union Bank

 

2,044,123

 

13.38

%  

 

1,222,196

 

8.00%

1,527,745

 

10.00%

Tier 1 capital to average adjusted assets:

 

 

 

 

 

 

Consolidated

 

1,736,108

 

9.01

%  

 

770,747

 

4.00%

NA

 

NA

Atlantic Union Bank

 

1,990,753

 

10.37

%  

 

767,889

 

4.00%

959,862

 

5.00%