Call reports 2023
LEGACY BANK — 2023
What LEGACY BANK 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 | 47,184,000 | 56,105,000 | 63,239,000 | 62,155,000 |
| Total loans | 12,508,000 | 17,525,000 | 29,340,000 | 34,904,000 |
| Allowance for loan losses | 156,000 | 150,000 | 319,000 | 445,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,007,000 | 34,164,000 | 45,919,000 | 45,550,000 |
| Interest-bearing deposits | 22,396,000 | 31,919,000 | 42,272,000 | 39,946,000 |
| Noninterest-bearing deposits | 1,611,000 | 2,245,000 | 3,647,000 | 5,604,000 |
| Equity capital | 18,565,000 | 17,359,000 | 16,116,000 | 14,971,000 |
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 | 414,000 | 1,156,000 | 2,068,000 | 3,125,000 |
| Interest expense | 71,000 | 330,000 | 642,000 | 971,000 |
| Net interest income | 343,000 | 826,000 | 1,426,000 | 2,154,000 |
| Noninterest income | 1,000 | 8,000 | 18,000 | 101,000 |
| Noninterest expense | 1,402,000 | 3,038,000 | 4,735,000 | 6,593,000 |
| Provision for loan losses | 7,000 | 1,000 | 170,000 | 296,000 |
| Pretax income | -1,065,000 | -2,270,000 | -3,513,000 | -4,658,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -1,065,000 | -2,271,000 | -3,514,000 | -4,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,565,000 | 17,359,000 | 16,116,000 | 14,970,000 |