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 | 575,627,000 | 636,803,000 | 640,908,000 | 673,647,000 |
| Total loans | 471,083,000 | 523,793,000 | 564,534,000 | 578,108,000 |
| Allowance for loan losses | 8,274,000 | 8,469,000 | 9,018,000 | 9,464,000 |
| Securities available for sale | 20,025,000 | 27,424,000 | 28,803,000 | 29,905,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 484,238,000 | 565,643,000 | 567,668,000 | 596,754,000 |
| Interest-bearing deposits | 296,332,000 | 329,827,000 | 343,412,000 | 388,225,000 |
| Noninterest-bearing deposits | 187,906,000 | 235,816,000 | 224,256,000 | 208,529,000 |
| Equity capital | 54,128,000 | 54,202,000 | 55,763,000 | 57,402,000 |
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 | 6,119,000 | 12,130,000 | 18,864,000 | 26,012,000 |
| Interest expense | 1,159,000 | 2,209,000 | 3,230,000 | 4,177,000 |
| Net interest income | 4,960,000 | 9,921,000 | 15,634,000 | 21,835,000 |
| Noninterest income | 507,000 | 1,377,000 | 2,395,000 | 3,274,000 |
| Noninterest expense | 3,322,000 | 6,658,000 | 10,593,000 | 14,768,000 |
| Provision for loan losses | 150,000 | 450,000 | 975,000 | 1,425,000 |
| Pretax income | 1,995,000 | 4,190,000 | 6,461,000 | 8,916,000 |
| Income tax | 529,000 | 1,117,000 | 1,693,000 | 1,920,000 |
| Net income | 1,466,000 | 3,073,000 | 4,768,000 | 6,996,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,000,000 | 54,045,000 | 55,641,000 | 57,369,000 |