Statement of Condition

Legend Bank’s Statement of Financial Condition demonstrates our commitment to enriching the lives of our stakeholders by delivering legendary financial services and resources with strength, stability, and purpose.

 

March 31, 2026

December 31, 2024

Cash & Due from Banks

58,720,399

20,420,785

Federal Funds Sold

16,171,000

27,000,000

Securities Available for Sale

262,975,288

208,867,353

Securities Held to Maturity

1,387,686

1,441,651

Corporate Bonds HTM

7,500,000

7,500,000

Loans

831,688,853

808,454,684

Reserve for Bad Debts

(10,287,496)

(10,439,997)

Fixed Assets

24,255,789

21,604,184

Bank-Owned Life Insurance

27,638,194

26,584,501

Accrued Interest Income

8,106,042

8,130,937

Other Assets

27,232,681

20,344,003

Total Assets

$1,255,388,436

$1,139,908,101

Non-Interest-Bearing Demand Deposits

247,533,126

237,205,299

Interest-Bearing Deposits

853,012,174

773,348,273

Total Deposits

1,100,545,300

1,010,553,572

Accrued Expenses and Other Liabilities

14,337,746

13,887,997

Federal Funds Purchased

Trust Preferred Securities

10,310,000

10,310,000

Total Liabilities

$1,125,193,046

$1,034,751,569

Common Stock

1,109,062

1,109,062

Surplus

23,472,089

23,472,089

Retained Earnings

136,433,244

121,406,975

(Less: Treasury Stock)

(11,440,070)

(9,222,330)

Net Unrealized Gains (Losses) on Available for Sale Securities

(19,378,935)

(31,609,264)

Total Capital

$130,195,390

$105,156,532

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