Call reports 2020
LEGACY BANK — 2020
What LEGACY BANK 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 | 482,077,000 | 537,109,000 | 542,633,000 | 579,494,000 |
| Total loans | 360,809,000 | 394,747,000 | 382,873,000 | 354,398,000 |
| Allowance for loan losses | 4,518,000 | 4,738,000 | 5,132,000 | 4,675,000 |
| Securities available for sale | 53,236,000 | 56,910,000 | 49,878,000 | 58,085,000 |
| Securities held to maturity | 219,000 | 219,000 | 219,000 | 484,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 379,596,000 | 428,630,000 | 433,307,000 | 472,882,000 |
| Interest-bearing deposits | 293,164,000 | 300,813,000 | 313,686,000 | 342,179,000 |
| Noninterest-bearing deposits | 86,432,000 | 127,817,000 | 119,621,000 | 130,703,000 |
| Equity capital | 53,987,000 | 55,658,000 | 56,817,000 | 57,940,000 |
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 | 5,280,000 | 10,676,000 | 16,315,000 | 21,442,000 |
| Interest expense | 1,011,000 | 1,892,000 | 2,687,000 | 3,444,000 |
| Net interest income | 4,269,000 | 8,784,000 | 13,628,000 | 17,998,000 |
| Noninterest income | 502,000 | 1,076,000 | 1,962,000 | 2,791,000 |
| Noninterest expense | 3,067,000 | 5,997,000 | 9,349,000 | 12,499,000 |
| Provision for loan losses | 533,000 | 760,000 | 1,137,000 | 1,388,000 |
| Pretax income | 1,171,000 | 3,103,000 | 5,104,000 | 6,902,000 |
| Income tax | 251,000 | 704,000 | 1,172,000 | 1,593,000 |
| Net income | 920,000 | 2,399,000 | 3,932,000 | 5,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,682,000 | 52,936,000 | 54,076,000 | 55,176,000 |