Legend Bancorp, Inc.
Statement of Condition
|
|
September 30, 2025 |
December 31, 2024 |
|
Cash & Due From Banks |
43,448,016 |
20,420,785 |
|
Federal Funds Sold |
58,750,000 |
27,000,000 |
|
Securities available for sale |
249,821,464 | 208,867,353 |
|
Securities held to maturity |
1,410,224 |
1,441,651 |
|
Corporate Bonds HTM |
7,500,000 |
7,500,000 |
|
Loans |
787,570,832 |
808,454,684 |
|
Reserve for Bad Debts |
(9,383,255) |
(10,439,997) |
|
Fixed Assets |
22,883,015 |
21,604,184 |
|
Bank-Owned Life Insurance |
27,198,026 |
26,584,501 |
|
Accrued Interest Income |
8,000,449 |
8,130,937 |
| Other Assets | 26,676,633 |
20,344,003 |
Total Assets |
$1,223,875,404
|
$1,139,908,101 |
| Demand Deposits - Non-Interest Bearing | 256,678,129 |
237,205,299 |
| Interest Bearing Deposits | 818,796,806 |
773,348,273 |
| Total Deposits | 1,075,474,932 | 1,010,553,572 |
| Accrued expenses and other liabilities | 15,146,034 |
13,887,997 |
| Federal Funds Purchased | - | - |
| Trust Preferred securities | 10,310,000 | 10,310,000 |
Total Liabilities |
$1,100,930,966 |
$1,034,751,569 |
|
Common Stock |
1,109,062 |
1,109,062 |
|
Surplus |
23,472,089 |
23,472,089 |
|
Retained Earnings |
129,896,692 |
121,406,975 |
|
(Less: Treasury Stock) |
(10,792,470) |
(9,222,330) |
|
Net Unrealized Gains (Losses) on Available For Sale Securities |
(20,740,935) |
(31,609,264) |
Total Capital |
$122,944,438
|
$105,156,532 |
