Call reports 2023
LEGENDS WEST BANK — 2023
What LEGENDS WEST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 27,079,000 | 23,151,000 | 32,812,000 | 37,254,000 |
| Total loans | 10,017,000 | 11,744,000 | 14,953,000 | 26,813,000 |
| Allowance for loan losses | 103,000 | 115,000 | 150,000 | 229,000 |
| Securities available for sale | 5,562,000 | 4,589,000 | 3,674,000 | 3,525,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,457,000 | 18,419,000 | 18,249,000 | 22,741,000 |
| Interest-bearing deposits | 14,609,000 | 13,495,000 | 13,335,000 | 16,936,000 |
| Noninterest-bearing deposits | 7,848,000 | 4,924,000 | 4,914,000 | 5,805,000 |
| Equity capital | 4,415,000 | 4,533,000 | 14,288,000 | 14,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 264,000 | 538,000 | 331,000 | 998,000 |
| Interest expense | 16,000 | 41,000 | 24,000 | 109,000 |
| Net interest income | 248,000 | 497,000 | 307,000 | 889,000 |
| Noninterest income | 18,000 | 37,000 | 4,000 | 14,000 |
| Noninterest expense | 115,000 | 237,000 | 358,000 | 896,000 |
| Provision for loan losses | 0 | 12,000 | 150,000 | 260,000 |
| Pretax income | 151,000 | 285,000 | -197,000 | -253,000 |
| Income tax | 10,000 | 24,000 | 8,000 | -29,000 |
| Net income | 141,000 | 261,000 | -205,000 | -224,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,614,000 | 4,735,000 | 13,618,000 | 13,616,000 |
| Total capital | — | 4,850,000 | — | — |
| Risk-weighted assets | — | 13,243,000 | — | — |