(13) Regulatory Capital Requirements  Current regulatory capital regulations require financial institutions (including banks and bank holding companies)  to meet certain regulatory capital requirements. Institutions are required to have minimum leverage capital equal to 4% of  total average assets and total qualifying capital equal to 8% of total risk-weighted assets in order to be considered  “adequately capitalized.” As of December 31, 2012 and 2011, the Company and the Bank were rated “well capitalized,”  which is the highest rating available under the regulatory capital regulations framework for prompt corrective action. Management believes that as of December 31, 2012, the Company and the Bank met all capital adequacy requirements to  which they were subject. The following is a comparison of the Company’s regulatory capital to minimum capital  requirements at December 31, 2012 and 2011:  (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2012 Leverage  $ 61,839  10.09%  $ 24,504  4.0%  $ 30,631  5.0% Tier 1 Capital  $ 61,839  16.39%  $ 15,092  4.0%  $ 22,638  6.0% Total Risk Based Capital  $ 67,273  17.83%  $ 30,184  8.0%  $ 37,731  10.0% As of December 31, 2011 Leverage  $ 56,273  9.84%  $ 22,871  4.0%  $ 28,589  5.0% Tier 1 Capital  $ 56,273  15.02%  $ 14,984  4.0%  $ 22,476  6.0% Total Risk Based Capital  $ 63,085  16.84%  $ 29,968  8.0%  $ 37,460  10.0% under prompt To be well-capitalized corrective action provisions Actual For capital adequacy purposes The following is a comparison of the Bank’s regulatory capital to minimum capital requirements at December 31,  2012 and 2011:  (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2012 Leverage  $ 60,463  9.90%  $ 24,433  4.0%  $ 30,541  5.0% Tier 1 Capital  $ 60,463  16.09%  $ 15,029  4.0%  $ 22,543  6.0% Total Risk Based Capital  $ 65,124  17.33%  $ 30,057  8.0%  $ 37,571  10.0% As of December 31, 2011 Leverage  $ 58,692  10.29%  $ 22,808  4.0%  $ 28,510  5.0% Tier 1 Capital  $ 58,692  15.73%  $ 14,923  4.0%  $ 22,384  6.0% Total Risk Based Capital  $ 63,325  16.97%  $ 29,846  8.0%  $ 37,307  10.0% under prompt To be well-capitalized corrective action provisions Actual For capital adequacy purposes 96 