Call reports 2020
LEGACY BANK & TRUST COMPANY — 2020
What LEGACY BANK & TRUST COMPANY 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 | 341,097,000 | 449,389,000 | 524,997,000 | 538,271,000 |
| Total loans | 286,364,000 | 390,607,000 | 449,405,000 | 457,958,000 |
| Allowance for loan losses | 3,718,000 | 4,730,000 | 5,699,000 | 6,228,000 |
| Securities available for sale | 1,236,000 | 832,000 | 778,000 | 737,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,182,000 | 356,242,000 | 429,877,000 | 462,256,000 |
| Interest-bearing deposits | 256,926,000 | 304,134,000 | 366,713,000 | 404,525,000 |
| Noninterest-bearing deposits | 29,256,000 | 52,108,000 | 63,164,000 | 57,731,000 |
| Equity capital | 32,158,000 | 35,279,000 | 40,978,000 | 52,518,000 |
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 | 3,982,000 | 9,309,000 | 14,488,000 | 19,791,000 |
| Interest expense | 785,000 | 1,400,000 | 2,180,000 | 3,047,000 |
| Net interest income | 3,197,000 | 7,909,000 | 12,308,000 | 16,744,000 |
| Noninterest income | 1,269,000 | 4,666,000 | 8,108,000 | 8,806,000 |
| Noninterest expense | 2,518,000 | 5,490,000 | 8,278,000 | 11,179,000 |
| Provision for loan losses | 288,000 | 1,341,000 | 2,314,000 | 2,842,000 |
| Pretax income | 1,661,000 | 5,745,000 | 9,825,000 | 11,530,000 |
| Income tax | 393,000 | 1,358,000 | 2,340,000 | 2,505,000 |
| Net income | 1,268,000 | 4,387,000 | 7,485,000 | 9,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,497,000 | 31,651,000 | 37,385,000 | 48,958,000 |
| Total capital | 31,995,000 | 35,532,000 | 41,890,000 | 53,872,000 |
| Risk-weighted assets | 279,679,000 | 309,638,000 | 359,227,000 | 391,839,000 |