Call reports 2020
LEGENDS BANK — 2020
What LEGENDS 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 | 489,775,000 | 564,106,000 | 567,911,000 | 597,140,000 |
| Total loans | 380,454,000 | 427,333,000 | 432,450,000 | 430,455,000 |
| Allowance for loan losses | 4,392,000 | 4,994,000 | 5,394,000 | 6,119,000 |
| Securities available for sale | 77,581,000 | 84,103,000 | 90,825,000 | 97,426,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 425,544,000 | 487,137,000 | 489,949,000 | 527,874,000 |
| Interest-bearing deposits | 338,485,000 | 370,362,000 | 371,921,000 | 407,174,000 |
| Noninterest-bearing deposits | 87,059,000 | 116,775,000 | 118,028,000 | 120,700,000 |
| Equity capital | 50,160,000 | 53,361,000 | 54,620,000 | 56,426,000 |
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 | 5,645,000 | 11,434,000 | 17,363,000 | 23,729,000 |
| Interest expense | 1,050,000 | 1,845,000 | 2,631,000 | 3,599,000 |
| Net interest income | 4,595,000 | 9,589,000 | 14,732,000 | 20,130,000 |
| Noninterest income | 1,056,000 | 2,589,000 | 4,177,000 | 6,490,000 |
| Noninterest expense | 3,984,000 | 8,082,000 | 12,395,000 | 16,750,000 |
| Provision for loan losses | 360,000 | 1,000,000 | 1,400,000 | 2,125,000 |
| Pretax income | 1,636,000 | 3,461,000 | 5,485,000 | 8,116,000 |
| Income tax | 345,000 | 740,000 | 1,185,000 | 1,776,000 |
| Net income | 1,291,000 | 2,721,000 | 4,300,000 | 6,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,106,000 | 51,786,000 | 52,865,000 | 54,405,000 |
| Total capital | 55,498,000 | 56,780,000 | 58,259,000 | 60,049,000 |
| Risk-weighted assets | 407,443,000 | 421,905,000 | 431,865,000 | 451,051,000 |