Call reports 2008
LEGACY BANK — 2008
What LEGACY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 305,089,000 | 302,764,000 | 307,829,000 | 303,603,000 |
| Total loans | 163,642,000 | 167,972,000 | 172,413,000 | 173,775,000 |
| Allowance for loan losses | 1,879,000 | 1,813,000 | 1,761,000 | 1,867,000 |
| Securities available for sale | 124,428,000 | 109,999,000 | 109,215,000 | 97,564,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,537,000 | 247,627,000 | 252,078,000 | 247,093,000 |
| Interest-bearing deposits | 220,509,000 | 221,936,000 | 221,294,000 | 212,907,000 |
| Noninterest-bearing deposits | 26,028,000 | 25,691,000 | 30,784,000 | 34,186,000 |
| Equity capital | 55,031,000 | 54,681,000 | 55,193,000 | 56,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,613,000 | 8,953,000 | 13,333,000 | 17,545,000 |
| Interest expense | 1,995,000 | 3,607,000 | 5,151,000 | 6,539,000 |
| Net interest income | 2,618,000 | 5,346,000 | 8,182,000 | 11,006,000 |
| Noninterest income | 146,000 | 330,000 | 570,000 | 853,000 |
| Noninterest expense | 1,491,000 | 2,997,000 | 4,550,000 | 6,191,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,269,000 | 2,675,000 | 4,837,000 | 6,124,000 |
| Income tax | 391,000 | 833,000 | 1,532,000 | 1,934,000 |
| Net income | 878,000 | 1,842,000 | 3,305,000 | 4,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,961,000 | 54,925,000 | 56,388,000 | 55,955,000 |
| Total capital | 55,840,000 | 56,738,000 | 58,149,000 | 57,822,000 |
| Risk-weighted assets | 190,181,000 | 192,442,000 | 196,428,000 | 190,916,000 |