Call reports 2018
LEGENDS WEST BANK — 2018
What LEGENDS WEST BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 24,992,000 | 23,458,000 | 23,447,000 | 23,034,000 |
| Total loans | 9,038,000 | 10,252,000 | 11,182,000 | 10,677,000 |
| Allowance for loan losses | 214,000 | 214,000 | 214,000 | 93,000 |
| Securities available for sale | 6,795,000 | 6,521,000 | 6,052,000 | 5,974,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,746,000 | 17,182,000 | 16,638,000 | 16,692,000 |
| Interest-bearing deposits | 13,722,000 | 12,771,000 | 12,297,000 | 11,922,000 |
| Noninterest-bearing deposits | 5,024,000 | 4,411,000 | 4,341,000 | 4,770,000 |
| Equity capital | 6,090,000 | 6,130,000 | 6,178,000 | 6,169,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 191,000 | 385,000 | 597,000 | 819,000 |
| Interest expense | 11,000 | 21,000 | 31,000 | 44,000 |
| Net interest income | 180,000 | 364,000 | 566,000 | 775,000 |
| Noninterest income | 21,000 | 52,000 | 73,000 | 96,000 |
| Noninterest expense | 136,000 | 294,000 | 442,000 | 643,000 |
| Provision for loan losses | 0 | 0 | 0 | 67,000 |
| Pretax income | 65,000 | 122,000 | 197,000 | 161,000 |
| Income tax | 13,000 | 25,000 | 38,000 | 31,000 |
| Net income | 52,000 | 97,000 | 159,000 | 130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,124,000 | 6,168,000 | 6,231,000 | 6,201,000 |
| Total capital | 6,266,000 | 6,306,000 | 6,389,000 | 6,294,000 |
| Risk-weighted assets | 11,321,000 | 10,965,000 | 12,629,000 | 11,665,000 |