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 | 174,142,000 | 175,015,000 | 185,410,000 | 204,051,000 |
| Total loans | 123,015,000 | 124,756,000 | 131,861,000 | 154,376,000 |
| Allowance for loan losses | 1,355,000 | 1,331,000 | 1,946,000 | 1,959,000 |
| Securities available for sale | 25,677,000 | 23,596,000 | 22,976,000 | 24,852,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,430,000 | 128,084,000 | 139,179,000 | 151,001,000 |
| Interest-bearing deposits | 109,598,000 | 110,004,000 | 122,830,000 | 134,007,000 |
| Noninterest-bearing deposits | 17,832,000 | 18,080,000 | 16,349,000 | 16,994,000 |
| Equity capital | 28,192,000 | 28,323,000 | 27,528,000 | 27,507,000 |
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 | 2,984,000 | 5,820,000 | 8,721,000 | 11,433,000 |
| Interest expense | 1,250,000 | 2,344,000 | 3,443,000 | 4,602,000 |
| Net interest income | 1,734,000 | 3,476,000 | 5,278,000 | 6,831,000 |
| Noninterest income | 203,000 | 424,000 | 648,000 | 853,000 |
| Noninterest expense | 1,082,000 | 2,285,000 | 3,492,000 | 4,685,000 |
| Provision for loan losses | 0 | 80,000 | 981,000 | 1,265,000 |
| Pretax income | 855,000 | 1,551,000 | 1,469,000 | 1,381,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 855,000 | 1,551,000 | 1,469,000 | 1,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,823,000 | 21,554,000 | 21,403,000 | 21,140,000 |
| Total capital | 22,178,000 | 22,885,000 | 23,316,000 | 23,099,000 |
| Risk-weighted assets | 141,289,000 | 144,252,000 | 152,991,000 | 175,681,000 |