Legend Bancorp, N.A.
Statement of Condition
|
|
March 31, 2021 |
December 31, 2020 |
|
Cash & Due From Banks |
21,000,961 |
19,447,597 |
|
Federal Agency Issues |
105,231,944 |
101,499,855 |
|
Obligations of States and Political Subdivisions |
92,192,290 | 87,041,564 |
|
Other Securities |
8,274,541 |
8,275,042 |
|
Federal Reserve Bank Stock/FHLB Stock |
2,146,983 |
2,146,482 |
|
Federal Funds Sold |
37,500,000 |
26,250,000 |
|
Interest Bearing in Other Banks |
15,203,387 |
22,088,440 |
|
Loans |
591,868,979 |
552,682,265 |
|
Reserve for Bad Debts |
(8,293,713) |
(7,676,491) |
|
Fixed Assets |
22,658,073 |
22,917,379 |
|
Accrued Interest Income |
4,575,090 |
5,168,662 |
|
Other Assets |
37,475,064
|
36,172,513 |
Total Assets |
$929,833,599 |
$876,013,308 |
|
Dividends Payable |
0 |
0 |
|
Accrued Expenses Payable |
5,100,716 |
9,482,299 |
|
Other Liabilities |
0 |
0 |
|
Subordinated Debentures |
10,310,000 |
10,310,000 |
|
Demand Deposits - Non-Interest Bearing |
211,873,974 |
194,026,851 |
|
Interest Bearing Deposits |
605,517,102 | 565,049,670 |
Total Liabilities |
$832,801,792 |
$778,868,820 |
|
Capital Stock |
987,016 |
987,016 |
|
Surplus |
8,948,615 |
8,948,615 |
|
Retained Earnings |
93,735,515 |
92,180,397 |
|
(Less: Treasury Stock) |
(8,647,370) |
(8,642,683) |
|
Net Unrealized Gains (Losses) on Available For Sale Securities |
2,008,031 |
3,671,143 |
Total Capital |
$97,031,807 |
$97,144,488 |
