Summary Of Capital Adequacy Requirements |
The Company’s and Bank’s actual capital amounts and ratios are presented in the following table:
| | Actual | | | For Capital Adequacy Purposes | | | To Be Well Capitalized Under Prompt Corrective Action Provisions | | | | | Amount | | Ratio | | | Amount | | Ratio | | | Amount | | Ratio | | | As of December 31, 2013: | | | | | | | | | | | | | | | | | | | | Total Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | $ | 343,904 | | 11.73 | % | | $ | 234,617 | | 8.00 | % | | | N/A | | N/A | | | ServisFirst Bank | | | 341,256 | | 11.64 | % | | | 234,601 | | 8.00 | % | | $ | 293,252 | | 10.00 | % | | Tier I Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 293,301 | | 10.00 | % | | | 117,308 | | 4.00 | % | | | N/A | | N/A | | | ServisFirst Bank | | | 310,593 | | 10.59 | % | | | 117,301 | | 4.00 | % | | | 175,951 | | 6.00 | % | | Tier I Capital to Average Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 293,301 | | 8.48 | % | | | 138,373 | | 4.00 | % | | | N/A | | N/A | | | ServisFirst Bank | | | 310,593 | | 8.98 | % | | | 138,331 | | 4.00 | % | | | 172,913 | | 5.00 | % | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2012: | | | | | | | | | | | | | | | | | | | | Total Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | $ | 287,136 | | 11.78 | % | | $ | 194,943 | | 8.00 | % | | | N/A | | N/A | | | ServisFirst Bank | | | 284,141 | | 11.66 | % | | | 194,942 | | 8.00 | % | | $ | 243,678 | | 10.00 | % | | Tier I Capital to Risk Weighted Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 240,961 | | 9.89 | % | | | 97,472 | | 4.00 | % | | | N/A | | N/A | | | ServisFirst Bank | | | 257,883 | | 10.58 | % | | | 97,471 | | 4.00 | % | | | 146,207 | | 6.00 | % | | Tier I Capital to Average Assets: | | | | | | | | | | | | | | | | | | | | Consolidated | | | 240,961 | | 8.43 | % | | | 114,323 | | 4.00 | % | | | N/A | | N/A | | | ServisFirst Bank | | | 257,883 | | 9.03 | % | | | 114,227 | | 4.00 | % | | | 142,784 | | 5.00 | % | |
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