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 | 401,976,000 | 438,446,000 | 443,386,000 | 453,423,000 |
| Total loans | 302,373,000 | 317,631,000 | 314,507,000 | 302,657,000 |
| Allowance for loan losses | 3,099,000 | 3,350,000 | 3,640,000 | 3,823,000 |
| Securities available for sale | 73,919,000 | 75,372,000 | 76,001,000 | 76,822,000 |
| Securities held to maturity | 1,378,000 | 1,375,000 | 1,372,000 | 1,170,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,399,000 | 368,623,000 | 372,737,000 | 382,464,000 |
| Interest-bearing deposits | 263,440,000 | 278,640,000 | 280,714,000 | 288,969,000 |
| Noninterest-bearing deposits | 73,959,000 | 89,983,000 | 92,023,000 | 93,495,000 |
| Equity capital | 58,836,000 | 60,714,000 | 62,324,000 | 63,725,000 |
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 | 4,500,000 | 8,851,000 | 13,588,000 | 17,711,000 |
| Interest expense | 472,000 | 839,000 | 1,181,000 | 1,491,000 |
| Net interest income | 4,028,000 | 8,012,000 | 12,407,000 | 16,220,000 |
| Noninterest income | 498,000 | 1,239,000 | 1,603,000 | 2,138,000 |
| Noninterest expense | 2,211,000 | 4,329,000 | 6,493,000 | 8,567,000 |
| Provision for loan losses | 150,000 | 450,000 | 750,000 | 975,000 |
| Pretax income | 2,165,000 | 4,472,000 | 6,767,000 | 8,816,000 |
| Income tax | 496,000 | 1,034,000 | 1,562,000 | 2,015,000 |
| Net income | 1,669,000 | 3,438,000 | 5,205,000 | 6,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,729,000 | 59,209,000 | 60,999,000 | 62,619,000 |