Call reports 2024
LEGACY BANK & TRUST COMPANY — 2024
What LEGACY BANK & TRUST COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,707,598,000 | 1,700,831,000 | 1,755,273,000 | 1,878,772,000 |
| Total loans | 1,407,053,000 | 1,477,474,000 | 1,547,127,000 | 1,614,678,000 |
| Allowance for loan losses | 16,463,000 | 15,097,000 | 18,953,000 | 18,196,000 |
| Securities available for sale | 9,321,000 | 9,363,000 | 9,475,000 | 9,493,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,458,351,000 | 1,457,337,000 | 1,502,192,000 | 1,603,822,000 |
| Interest-bearing deposits | 1,337,728,000 | 1,336,724,000 | 1,383,455,000 | 1,479,840,000 |
| Noninterest-bearing deposits | 120,623,000 | 120,613,000 | 118,737,000 | 123,982,000 |
| Equity capital | 189,671,000 | 190,387,000 | 196,916,000 | 202,864,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 24,793,000 | 50,329,000 | 77,154,000 | 106,064,000 |
| Interest expense | 14,410,000 | 29,005,000 | 43,416,000 | 57,846,000 |
| Net interest income | 10,383,000 | 21,324,000 | 33,738,000 | 48,218,000 |
| Noninterest income | 9,705,000 | 10,017,000 | 13,696,000 | 14,765,000 |
| Noninterest expense | 10,502,000 | 20,798,000 | 29,019,000 | 37,298,000 |
| Provision for loan losses | 5,490,000 | 6,190,000 | 10,190,000 | 9,440,000 |
| Pretax income | 4,096,000 | 4,353,000 | 12,225,000 | 19,245,000 |
| Income tax | 442,000 | 16,000 | 1,446,000 | 2,538,000 |
| Net income | 3,654,000 | 4,337,000 | 10,779,000 | 16,707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 186,746,000 | 187,427,000 | 193,868,000 | 199,797,000 |
| Total capital | 207,087,000 | 208,333,000 | 215,519,000 | 221,993,000 |
| Risk-weighted assets | 1,624,172,000 | 1,671,357,000 | 1,731,818,000 | 1,776,591,000 |