Summary of Capital Adequacy Requirements |
The Company’s and Bank’s actual capital amounts and ratios are presented in the following table: | | | | | | | | To Be Well Capitalized Under | | | | | | | | | | Prompt Corrective Action | | | | Actual | | For Capital Adequacy Purposes | | Provisions | | | | Amount | | Ratio | | Amount | | | Ratio | | Amount | | Ratio | | As of December 31, 2016: | | | | | | | | | | | | | | | | | | | | CET I Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | $ | 508,982 | | | 9.78 | % | $ | 234,262 | | | 4.50 | % | | N/A | | | N/A | | ServisFirst Bank | | | 560,731 | | | 10.77 | % | | 234,232 | | | 4.50 | % | $ | 338,335 | | | 6.50 | % | Tier I Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 509,359 | | | 9.78 | % | | 312,350 | | | 6.00 | % | | N/A | | | N/A | | ServisFirst Bank | | | 561,108 | | | 10.78 | % | | 312,309 | | | 6.00 | % | | 416,413 | | | 8.00 | % | Total Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 616,415 | | | 11.84 | % | | 416,467 | | | 8.00 | % | | N/A | | | N/A | | ServisFirst Bank | | | 613,501 | | | 11.79 | % | | 416,413 | | | 8.00 | % | | 520,516 | | | 10.00 | % | Tier I Capital to Average Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 509,359 | | | 8.22 | % | | 247,777 | | | 4.00 | % | | N/A | | | N/A | | ServisFirst Bank | | | 561,108 | | | 9.06 | % | | 247,760 | | | 4.00 | % | | 309,700 | | | 5.00 | % | | | | | | | | | | | | | | | | | | | | | As of December 31, 2015: | | | | | | | | | | | | | | | | | | | | CET I Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | $ | 431,642 | | | 9.72 | % | $ | 199,836 | | | 4.50 | % | | N/A | | | N/A | | ServisFirst Bank | | | 439,279 | | | 9.89 | % | | 199,806 | | | 4.50 | % | $ | 288,608 | | | 6.50 | % | Tier I Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 432,019 | | | 9.73 | % | | 266,448 | | | 6.00 | % | | N/A | | | N/A | | ServisFirst Bank | | | 439,656 | | | 9.90 | % | | 266,407 | | | 6.00 | % | | 355,210 | | | 8.00 | % | Total Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 530,688 | | | 11.95 | % | | 355,264 | | | 8.00 | % | | N/A | | | N/A | | ServisFirst Bank | | | 483,575 | | | 10.89 | % | | 355,210 | | | 8.00 | % | | 444,012 | | | 10.00 | % | Tier I Capital to Average Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 432,019 | | | 8.55 | % | | 202,043 | | | 4.00 | % | | N/A | | | N/A | | ServisFirst Bank | | | 439,656 | | | 8.71 | % | | 202,023 | | | 4.00 | % | | 252,529 | | | 5.00 | % |
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