Call reports 2020
LEGEND BANK, N. A. — 2020
What LEGEND BANK, N. A. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 788,501,000 | 842,528,000 | 853,702,000 | 872,008,000 |
| Total loans | 506,377,000 | 531,381,000 | 541,431,000 | 552,682,000 |
| Allowance for loan losses | 6,865,000 | 7,811,000 | 7,840,000 | 7,676,000 |
| Securities available for sale | 172,526,000 | 175,276,000 | 166,498,000 | 186,732,000 |
| Securities held to maturity | 1,838,000 | 1,828,000 | 1,819,000 | 1,809,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 688,466,000 | 736,962,000 | 745,613,000 | 764,770,000 |
| Interest-bearing deposits | 530,531,000 | 542,236,000 | 549,728,000 | 565,070,000 |
| Noninterest-bearing deposits | 157,935,000 | 194,726,000 | 195,885,000 | 199,700,000 |
| Equity capital | 90,546,000 | 95,822,000 | 97,435,000 | 97,788,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 8,547,000 | 18,323,000 | 26,497,000 | 34,769,000 |
| Interest expense | 914,000 | 1,586,000 | 2,162,000 | 2,636,000 |
| Net interest income | 7,633,000 | 16,737,000 | 24,335,000 | 32,133,000 |
| Noninterest income | 1,663,000 | 3,244,000 | 5,131,000 | 6,910,000 |
| Noninterest expense | 6,442,000 | 12,542,000 | 18,881,000 | 25,556,000 |
| Provision for loan losses | 328,000 | 1,278,000 | 1,350,000 | 1,592,000 |
| Pretax income | 2,622,000 | 6,382,000 | 9,463,000 | 12,131,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,622,000 | 6,382,000 | 9,463,000 | 12,131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,079,000 | 78,871,000 | 80,112,000 | 81,042,000 |
| Total capital | 82,944,000 | 85,906,000 | 87,380,000 | 88,604,000 |
| Risk-weighted assets | 564,482,000 | 562,025,000 | 580,725,000 | 604,867,000 |