Call reports 2024
LEGACY BANK — 2024
What LEGACY BANK 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 | 730,608,000 | 732,329,000 | 758,743,000 | 753,740,000 |
| Total loans | 557,544,000 | 567,975,000 | 580,471,000 | 602,257,000 |
| Allowance for loan losses | 6,697,000 | 7,042,000 | 7,115,000 | 7,202,000 |
| Securities available for sale | 111,217,000 | 105,918,000 | 103,175,000 | 99,292,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 610,051,000 | 610,804,000 | 622,969,000 | 617,413,000 |
| Interest-bearing deposits | 469,409,000 | 470,237,000 | 471,962,000 | 472,073,000 |
| Noninterest-bearing deposits | 140,642,000 | 140,567,000 | 151,007,000 | 145,340,000 |
| Equity capital | 64,649,000 | 64,835,000 | 68,719,000 | 69,394,000 |
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 | 10,204,000 | 20,897,000 | 32,357,000 | 43,851,000 |
| Interest expense | 3,853,000 | 7,964,000 | 12,438,000 | 16,618,000 |
| Net interest income | 6,351,000 | 12,933,000 | 19,919,000 | 27,233,000 |
| Noninterest income | 615,000 | 1,326,000 | 2,121,000 | 2,932,000 |
| Noninterest expense | 3,979,000 | 8,103,000 | 12,569,000 | 17,220,000 |
| Provision for loan losses | 308,000 | 691,000 | 924,000 | 1,052,000 |
| Pretax income | 2,679,000 | 5,267,000 | 8,157,000 | 11,503,000 |
| Income tax | 633,000 | 1,244,000 | 1,928,000 | 2,732,000 |
| Net income | 2,046,000 | 4,023,000 | 6,229,000 | 8,771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,431,000 | 73,283,000 | 74,760,000 | 77,360,000 |
| Total capital | 80,854,000 | 81,051,000 | 82,601,000 | 85,289,000 |
| Risk-weighted assets | 649,093,000 | 657,763,000 | 672,610,000 | 689,888,000 |