Call reports 2024
LEGEND BANK, N. A. — 2024
What LEGEND BANK, N. A. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,078,545,000 | 1,095,403,000 | 1,117,120,000 | 1,138,211,000 |
| Total loans | 740,228,000 | 768,330,000 | 760,753,000 | 808,455,000 |
| Allowance for loan losses | 9,168,000 | 9,507,000 | 9,718,000 | 10,440,000 |
| Securities available for sale | 201,408,000 | 201,074,000 | 211,937,000 | 208,867,000 |
| Securities held to maturity | 8,992,000 | 8,982,000 | 8,971,000 | 8,960,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 978,548,000 | 990,302,000 | 1,002,719,000 | 1,033,151,000 |
| Interest-bearing deposits | 722,273,000 | 732,883,000 | 738,817,000 | 773,348,000 |
| Noninterest-bearing deposits | 256,275,000 | 257,419,000 | 263,902,000 | 259,803,000 |
| Equity capital | 86,969,000 | 91,201,000 | 99,718,000 | 91,686,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 15,056,000 | 30,757,000 | 46,162,000 | 62,699,000 |
| Interest expense | 4,137,000 | 8,420,000 | 12,889,000 | 17,564,000 |
| Net interest income | 10,919,000 | 22,337,000 | 33,273,000 | 45,135,000 |
| Noninterest income | 1,791,000 | 3,472,000 | 5,309,000 | 7,038,000 |
| Noninterest expense | 8,437,000 | 16,702,000 | 24,789,000 | 33,356,000 |
| Provision for loan losses | 370,000 | 800,000 | 1,075,000 | 1,874,000 |
| Pretax income | 3,924,000 | 8,328,000 | 12,739,000 | 17,013,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,924,000 | 8,328,000 | 12,739,000 | 17,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,956,000 | 108,728,000 | 109,795,000 | 111,127,000 |
| Total capital | 115,635,000 | 118,746,000 | 120,024,000 | 122,029,000 |
| Risk-weighted assets | 818,266,000 | 866,755,000 | 853,177,000 | 884,332,000 |