Call reports 2008
LEGACY BANK — 2008
What LEGACY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 491,166,000 | 503,625,000 | 467,369,000 | 478,370,000 |
| Total loans | 364,192,000 | 366,890,000 | 370,710,000 | 386,771,000 |
| Allowance for loan losses | 2,409,000 | 4,001,000 | 3,318,000 | 6,232,000 |
| Securities available for sale | 44,917,000 | 42,983,000 | 42,290,000 | 42,567,000 |
| Securities held to maturity | 50,000 | 50,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 443,421,000 | 457,972,000 | 416,545,000 | 410,913,000 |
| Interest-bearing deposits | 379,046,000 | 391,056,000 | 349,233,000 | 341,341,000 |
| Noninterest-bearing deposits | 64,375,000 | 66,916,000 | 67,312,000 | 69,573,000 |
| Equity capital | 46,426,000 | 44,003,000 | 43,490,000 | 41,803,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,264,000 | 15,668,000 | 23,014,000 | 30,381,000 |
| Interest expense | 3,408,000 | 6,271,000 | 8,596,000 | 10,482,000 |
| Net interest income | 4,856,000 | 9,397,000 | 14,418,000 | 19,899,000 |
| Noninterest income | 1,354,000 | 3,438,000 | 3,973,000 | 5,104,000 |
| Noninterest expense | 5,232,000 | 10,656,000 | 15,169,000 | 20,779,000 |
| Provision for loan losses | 258,000 | 3,006,000 | 4,195,000 | 7,703,000 |
| Pretax income | 742,000 | -268,000 | -414,000 | -2,920,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 742,000 | -268,000 | -414,000 | -2,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,259,000 | 43,248,000 | 43,102,000 | 40,596,000 |
| Total capital | 46,668,000 | 47,249,000 | 46,420,000 | 45,887,000 |
| Risk-weighted assets | 426,304,000 | 413,361,000 | 413,879,000 | 421,578,000 |