Call reports 2021
LEGACY BANK & TRUST COMPANY — 2021
What LEGACY BANK & TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 638,343,000 | 666,398,000 | 700,881,000 | 749,256,000 |
| Total loans | 491,916,000 | 549,450,000 | 581,906,000 | 632,899,000 |
| Allowance for loan losses | 6,671,000 | 7,153,000 | 7,579,000 | 8,528,000 |
| Securities available for sale | 425,000 | 266,000 | 239,000 | 212,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 550,775,000 | 577,953,000 | 610,291,000 | 657,332,000 |
| Interest-bearing deposits | 481,693,000 | 503,684,000 | 529,845,000 | 575,385,000 |
| Noninterest-bearing deposits | 69,082,000 | 74,269,000 | 80,446,000 | 81,947,000 |
| Equity capital | 62,424,000 | 65,043,000 | 67,296,000 | 70,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,304,000 | 12,491,000 | 19,649,000 | 27,848,000 |
| Interest expense | 906,000 | 1,789,000 | 2,505,000 | 3,432,000 |
| Net interest income | 5,398,000 | 10,702,000 | 17,144,000 | 24,416,000 |
| Noninterest income | 450,000 | 2,612,000 | 3,191,000 | 3,517,000 |
| Noninterest expense | 3,251,000 | 6,809,000 | 10,441,000 | 14,450,000 |
| Provision for loan losses | 453,000 | 931,000 | 1,359,000 | 2,312,000 |
| Pretax income | 2,144,000 | 5,574,000 | 8,535,000 | 11,171,000 |
| Income tax | 241,000 | 1,054,000 | 1,762,000 | 1,572,000 |
| Net income | 1,903,000 | 4,520,000 | 6,773,000 | 9,599,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,903,000 | 61,558,000 | 63,846,000 | 66,710,000 |
| Total capital | 64,200,000 | 67,788,000 | 70,730,000 | 74,741,000 |
| Risk-weighted assets | 422,406,000 | 497,525,000 | 550,101,000 | 642,033,000 |