Call reports 2020
LEGACY BANK — 2020
What LEGACY 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 | 386,531,000 | 418,724,000 | 425,861,000 | 442,937,000 |
| Total loans | 278,606,000 | 284,179,000 | 288,831,000 | 291,829,000 |
| Allowance for loan losses | 3,907,000 | 4,439,000 | 4,635,000 | 4,811,000 |
| Securities available for sale | 56,625,000 | 72,272,000 | 80,470,000 | 78,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,928,000 | 354,178,000 | 359,033,000 | 375,054,000 |
| Interest-bearing deposits | 253,886,000 | 265,661,000 | 264,567,000 | 276,427,000 |
| Noninterest-bearing deposits | 70,042,000 | 88,517,000 | 94,466,000 | 98,627,000 |
| Equity capital | 60,255,000 | 62,129,000 | 64,252,000 | 65,043,000 |
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 | 4,353,000 | 9,089,000 | 13,293,000 | 17,516,000 |
| Interest expense | 703,000 | 1,340,000 | 1,889,000 | 2,292,000 |
| Net interest income | 3,650,000 | 7,749,000 | 11,404,000 | 15,224,000 |
| Noninterest income | 241,000 | 456,000 | 780,000 | 1,212,000 |
| Noninterest expense | 1,875,000 | 3,703,000 | 5,595,000 | 7,507,000 |
| Provision for loan losses | 275,000 | 807,000 | 1,002,000 | 1,222,000 |
| Pretax income | 1,741,000 | 3,695,000 | 5,587,000 | 7,656,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,741,000 | 3,695,000 | 5,587,000 | 7,656,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,809,000 | 54,770,000 | 56,663,000 | 56,994,000 |
| Total capital | 57,740,000 | 59,232,000 | 61,289,000 | 61,737,000 |
| Risk-weighted assets | 327,375,000 | 357,136,000 | 370,046,000 | 379,355,000 |