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 | 83,206,000 | 78,720,000 | 84,259,000 | 87,113,000 |
| Total loans | 58,483,000 | 59,439,000 | 63,541,000 | 64,502,000 |
| Allowance for loan losses | 664,000 | 730,000 | 952,000 | 1,006,000 |
| Securities available for sale | 4,383,000 | 6,548,000 | 8,297,000 | 12,364,000 |
| Securities held to maturity | 5,656,000 | 4,790,000 | 6,410,000 | 6,210,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,914,000 | 72,534,000 | 76,095,000 | 79,636,000 |
| Interest-bearing deposits | 63,067,000 | 57,739,000 | 62,000,000 | 62,674,000 |
| Noninterest-bearing deposits | 13,847,000 | 14,795,000 | 14,095,000 | 16,962,000 |
| Equity capital | 6,041,000 | 5,939,000 | 5,799,000 | 6,001,000 |
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 | 1,242,000 | 2,447,000 | 3,688,000 | 4,948,000 |
| Interest expense | 464,000 | 901,000 | 1,313,000 | 1,709,000 |
| Net interest income | 778,000 | 1,546,000 | 2,375,000 | 3,239,000 |
| Noninterest income | 126,000 | 342,000 | 582,000 | 825,000 |
| Noninterest expense | 695,000 | 1,447,000 | 2,261,000 | 3,202,000 |
| Provision for loan losses | 60,000 | 120,000 | 465,000 | 530,000 |
| Pretax income | 149,000 | 321,000 | 231,000 | 367,000 |
| Income tax | 7,000 | 16,000 | 12,000 | 18,000 |
| Net income | 142,000 | 305,000 | 219,000 | 349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,906,000 | 5,865,000 | 5,724,000 | 5,854,000 |
| Total capital | 6,570,000 | 6,595,000 | 6,504,000 | 6,652,000 |
| Risk-weighted assets | 59,708,000 | 58,576,000 | 62,164,000 | 63,579,000 |