Call reports 2020
LEGENDS WEST BANK — 2020
What LEGENDS WEST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 24,840,000 | 24,862,000 | 25,039,000 | 25,132,000 |
| Total loans | 9,860,000 | 10,968,000 | 11,359,000 | 11,142,000 |
| Allowance for loan losses | 93,000 | 93,000 | 96,000 | 97,000 |
| Securities available for sale | 5,820,000 | 5,047,000 | 5,521,000 | 5,851,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,334,000 | 18,254,000 | 18,397,000 | 18,470,000 |
| Interest-bearing deposits | 12,901,000 | 12,981,000 | 13,489,000 | 12,715,000 |
| Noninterest-bearing deposits | 5,433,000 | 5,273,000 | 4,908,000 | 5,755,000 |
| Equity capital | 6,294,000 | 6,386,000 | 6,434,000 | 6,439,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 211,000 | 416,000 | 623,000 | 824,000 |
| Interest expense | 23,000 | 40,000 | 55,000 | 69,000 |
| Net interest income | 188,000 | 376,000 | 568,000 | 755,000 |
| Noninterest income | 17,000 | 34,000 | 49,000 | 67,000 |
| Noninterest expense | 138,000 | 276,000 | 422,000 | 610,000 |
| Provision for loan losses | 0 | 0 | 3,000 | 3,000 |
| Pretax income | 67,000 | 134,000 | 192,000 | 209,000 |
| Income tax | 10,000 | 19,000 | 29,000 | 35,000 |
| Net income | 57,000 | 115,000 | 163,000 | 174,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,290,000 | 6,348,000 | 6,396,000 | 6,407,000 |