Call reports 2020
LEGACY BANK OF FLORIDA — 2020
What LEGACY BANK OF FLORIDA 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 | 463,047,000 | 525,469,000 | 542,850,000 | 533,334,000 |
| Total loans | 425,863,000 | 483,127,000 | 496,589,000 | 482,181,000 |
| Allowance for loan losses | 2,638,000 | 2,874,000 | 3,020,000 | 3,226,000 |
| Securities available for sale | 17,839,000 | 17,994,000 | 24,608,000 | 31,094,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,061,000 | 408,005,000 | 421,045,000 | 431,778,000 |
| Interest-bearing deposits | 273,652,000 | 286,838,000 | 307,918,000 | 332,942,000 |
| Noninterest-bearing deposits | 83,409,000 | 121,167,000 | 113,127,000 | 98,836,000 |
| Equity capital | 52,832,000 | 54,252,000 | 54,980,000 | 57,063,000 |
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 | 5,235,000 | 10,767,000 | 16,403,000 | 22,464,000 |
| Interest expense | 1,528,000 | 2,803,000 | 3,944,000 | 4,940,000 |
| Net interest income | 3,707,000 | 7,964,000 | 12,459,000 | 17,524,000 |
| Noninterest income | 238,000 | 464,000 | 760,000 | 1,053,000 |
| Noninterest expense | 2,495,000 | 4,869,000 | 7,627,000 | 10,354,000 |
| Provision for loan losses | 30,000 | 260,000 | 400,000 | 600,000 |
| Pretax income | 1,566,000 | 3,445,000 | 5,369,000 | 7,800,000 |
| Income tax | 387,000 | 855,000 | 1,314,000 | 1,898,000 |
| Net income | 1,179,000 | 2,590,000 | 4,055,000 | 5,902,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,335,000 | 54,021,000 | 54,809,000 | 56,941,000 |
| Total capital | 54,973,000 | 56,895,000 | 57,829,000 | 60,167,000 |
| Risk-weighted assets | 435,350,000 | 491,951,000 | 495,123,000 | 502,709,000 |