Call reports 2008
LEGACY BANK OF FLORIDA — 2008
What LEGACY BANK OF FLORIDA 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 | 178,579,000 | 185,739,000 | 208,348,000 | 224,902,000 |
| Total loans | 131,623,000 | 137,054,000 | 156,288,000 | 182,148,000 |
| Allowance for loan losses | 1,646,000 | 1,732,000 | 2,336,000 | 2,211,000 |
| Securities available for sale | 36,157,000 | 39,865,000 | 42,573,000 | 31,434,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,988,000 | 141,708,000 | 154,759,000 | 171,412,000 |
| Interest-bearing deposits | 116,673,000 | 129,382,000 | 139,906,000 | 159,137,000 |
| Noninterest-bearing deposits | 13,315,000 | 12,326,000 | 14,853,000 | 12,275,000 |
| Equity capital | 32,006,000 | 31,556,000 | 30,992,000 | 30,855,000 |
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 | 2,854,000 | 5,668,000 | 8,499,000 | 11,505,000 |
| Interest expense | 1,375,000 | 2,737,000 | 4,149,000 | 5,643,000 |
| Net interest income | 1,479,000 | 2,931,000 | 4,350,000 | 5,862,000 |
| Noninterest income | 39,000 | 77,000 | 127,000 | 176,000 |
| Noninterest expense | 1,766,000 | 3,613,000 | 5,417,000 | 7,339,000 |
| Provision for loan losses | 293,000 | 379,000 | 983,000 | 1,497,000 |
| Pretax income | -509,000 | -950,000 | -1,811,000 | -2,686,000 |
| Income tax | -181,000 | -336,000 | -650,000 | -970,000 |
| Net income | -328,000 | -614,000 | -1,161,000 | -1,716,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,198,000 | 29,681,000 | 28,831,000 | 28,224,000 |
| Total capital | 31,844,000 | 31,413,000 | 31,167,000 | 30,435,000 |
| Risk-weighted assets | 156,884,000 | 173,997,000 | 196,463,000 | 211,778,000 |