Call reports 2023
LEGEND BANK, N. A. — 2023
What LEGEND BANK, N. A. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 985,926,000 | 1,049,854,000 | 1,036,496,000 | 1,092,878,000 |
| Total loans | 647,895,000 | 655,116,000 | 677,912,000 | 732,960,000 |
| Allowance for loan losses | 9,431,000 | 9,360,000 | 8,571,000 | 8,853,000 |
| Securities available for sale | 226,186,000 | 227,372,000 | 237,834,000 | 238,836,000 |
| Securities held to maturity | 9,033,000 | 9,023,000 | 9,013,000 | 9,002,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 898,427,000 | 942,340,000 | 927,861,000 | 940,544,000 |
| Interest-bearing deposits | 637,048,000 | 691,261,000 | 685,897,000 | 701,228,000 |
| Noninterest-bearing deposits | 261,379,000 | 251,079,000 | 241,964,000 | 239,316,000 |
| Equity capital | 75,916,000 | 74,250,000 | 74,138,000 | 87,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 10,884,000 | 23,221,000 | 36,665,000 | 50,832,000 |
| Interest expense | 1,063,000 | 3,555,000 | 6,721,000 | 10,479,000 |
| Net interest income | 9,821,000 | 19,666,000 | 29,944,000 | 40,353,000 |
| Noninterest income | 1,726,000 | 3,556,000 | 5,356,000 | 7,143,000 |
| Noninterest expense | 8,103,000 | 16,226,000 | 24,127,000 | 32,164,000 |
| Provision for loan losses | 0 | 0 | 35,000 | 135,000 |
| Pretax income | 3,444,000 | 7,001,000 | 11,143,000 | 15,202,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,444,000 | 7,001,000 | 11,143,000 | 15,202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,883,000 | 95,188,000 | 102,125,000 | 103,655,000 |
| Total capital | 101,914,000 | 104,485,000 | 111,451,000 | 113,019,000 |
| Risk-weighted assets | 722,119,000 | 743,663,000 | 759,566,000 | 807,396,000 |