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 | 63,535,000 | 71,924,000 | 69,189,000 | 74,737,000 |
| Total loans | 42,474,000 | 45,526,000 | 51,092,000 | 62,140,000 |
| Allowance for loan losses | 481,000 | 505,000 | 643,000 | 732,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,972,000 | 57,292,000 | 55,383,000 | 56,519,000 |
| Interest-bearing deposits | 42,666,000 | 51,020,000 | 45,268,000 | 45,853,000 |
| Noninterest-bearing deposits | 5,306,000 | 6,272,000 | 10,115,000 | 10,666,000 |
| Equity capital | 13,883,000 | 13,029,000 | 11,936,000 | 11,512,000 |
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 | 1,104,000 | 2,293,000 | 3,519,000 | 4,869,000 |
| Interest expense | 342,000 | 761,000 | 1,168,000 | 1,617,000 |
| Net interest income | 762,000 | 1,532,000 | 2,351,000 | 3,252,000 |
| Noninterest income | 9,000 | 21,000 | 175,000 | 645,000 |
| Noninterest expense | 1,814,000 | 3,444,000 | 5,367,000 | 7,057,000 |
| Provision for loan losses | 36,000 | 60,000 | 198,000 | 294,000 |
| Pretax income | -1,088,000 | -1,941,000 | -3,034,000 | -3,458,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -1,088,000 | -1,942,000 | -3,035,000 | -3,459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,883,000 | 13,029,000 | 11,935,000 | 11,512,000 |