Call reports 2023
LEGACY BANK & TRUST COMPANY — 2023
What LEGACY BANK & TRUST COMPANY 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 | 1,514,913,000 | 1,553,354,000 | 1,632,937,000 | 1,687,753,000 |
| Total loans | 1,137,773,000 | 1,315,395,000 | 1,372,993,000 | 1,423,024,000 |
| Allowance for loan losses | 12,461,000 | 14,657,000 | 15,272,000 | 16,119,000 |
| Securities available for sale | 9,370,000 | 9,246,000 | 9,190,000 | 9,322,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,310,882,000 | 1,333,095,000 | 1,405,736,000 | 1,434,036,000 |
| Interest-bearing deposits | 1,189,803,000 | 1,199,217,000 | 1,286,783,000 | 1,320,333,000 |
| Noninterest-bearing deposits | 121,079,000 | 133,878,000 | 118,953,000 | 113,703,000 |
| Equity capital | 161,535,000 | 172,011,000 | 176,313,000 | 186,011,000 |
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 | 17,597,000 | 38,514,000 | 61,336,000 | 85,360,000 |
| Interest expense | 7,650,000 | 18,079,000 | 30,017,000 | 43,673,000 |
| Net interest income | 9,947,000 | 20,435,000 | 31,319,000 | 41,687,000 |
| Noninterest income | 2,855,000 | 7,008,000 | 10,383,000 | 13,044,000 |
| Noninterest expense | 6,528,000 | 12,995,000 | 20,206,000 | 28,290,000 |
| Provision for loan losses | 1,000,000 | 3,200,000 | 3,900,000 | 4,750,000 |
| Pretax income | 4,874,000 | 10,848,000 | 16,196,000 | 20,291,000 |
| Income tax | 808,000 | 2,222,000 | 3,233,000 | 3,733,000 |
| Net income | 4,066,000 | 8,626,000 | 12,963,000 | 16,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,579,000 | 169,159,000 | 173,495,000 | 183,091,000 |
| Total capital | 174,694,000 | 187,651,000 | 193,296,000 | 203,676,000 |
| Risk-weighted assets | 1,286,861,000 | 1,477,269,000 | 1,581,626,000 | 1,644,287,000 |