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 | 243,420,000 | 254,347,000 | 234,989,000 | 234,137,000 |
| Total loans | 205,531,000 | 201,865,000 | 192,665,000 | 184,362,000 |
| Allowance for loan losses | 3,853,000 | 3,853,000 | 3,959,000 | 5,752,000 |
| Securities available for sale | 9,105,000 | 10,898,000 | 8,741,000 | 8,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,558,000 | 194,257,000 | 176,065,000 | 177,353,000 |
| Interest-bearing deposits | 172,012,000 | 165,200,000 | 152,886,000 | 149,484,000 |
| Noninterest-bearing deposits | 29,546,000 | 29,057,000 | 23,179,000 | 27,869,000 |
| Equity capital | 31,832,000 | 31,713,000 | 30,854,000 | 28,845,000 |
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 | 3,596,000 | 6,845,000 | 9,895,000 | 12,639,000 |
| Interest expense | 2,154,000 | 3,915,000 | 5,529,000 | 7,096,000 |
| Net interest income | 1,442,000 | 2,930,000 | 4,366,000 | 5,543,000 |
| Noninterest income | 150,000 | 335,000 | 391,000 | 59,000 |
| Noninterest expense | 1,752,000 | 3,474,000 | 5,164,000 | 6,854,000 |
| Provision for loan losses | 1,715,000 | 1,715,000 | 2,715,000 | 5,215,000 |
| Pretax income | -1,875,000 | -1,924,000 | -3,122,000 | -6,467,000 |
| Income tax | -716,000 | -756,000 | -1,211,000 | -2,500,000 |
| Net income | -1,159,000 | -1,168,000 | -1,911,000 | -3,967,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,085,000 | 30,246,000 | 28,622,000 | 24,998,000 |
| Total capital | 32,781,000 | 32,939,000 | 31,242,000 | 27,512,000 |
| Risk-weighted assets | 215,696,000 | 215,428,000 | 209,809,000 | 205,508,000 |