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.

 

June 30, 2026

December 31, 2025

Cash & Due from Banks

87,080,010

49,383,780

Federal Funds Sold

13,236,000

10,895,00

Securities Available for Sale

269,439,395

261,162,908

Securities Held to Maturity

1,012,792 1,399,653

Corporate Bonds HTM

7,500,000

7,500,000

Loans

823,665,895

813,279,117

Reserve for Bad Debts

(10,521,703)

(9,987,534)

Fixed Assets

23,951,573

24,113,364

Bank-Owned Life Insurance

27,863,141

27,419,838

Accrued Interest Income

8,817,083

8,135,222

Other Assets

27,750,177

27,107,703

Total Assets

$1,279,794,363

$1,220,409,078

Non-Interest-Bearing Demand Deposits

262,630,240

244,114,693

Interest-Bearing Deposits

851,110,696

825,244,037

Total Deposits

1,113,740,936

1,069,358,730

Accrued Expenses and Other Liabilities

22,532,849

14,038,588

Federal Funds Purchased

Trust Preferred Securities

10,310,000

10,310,000

Total Liabilities

$1,146,583,785

$1,093,707,318

Common Stock

1,109,062

1,109,062

Surplus

23,472,090

23,472,089

Retained Earnings

140,934,679

132,564,156

(Less: Treasury Stock)

(11,440,070)

(10,985,620)

Net Unrealized Gains (Losses) on Available for Sale Securities

(20,865,183)

(31,609,264)

Total Capital

$133,210,578

$105,156,532

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