Legend Bancorp, N.A.

Statement of Condition


June 30, 2019

December 31, 2018

Cash & Due From Banks

15,695,166

12,337,953

Federal Agency Issues

118,950,987

125,675,690

Obligations of States and Political Subdivisions

42,615,735 39,473,175

Other Securities

7,577,762

7,197,275

Federal Reserve Bank Stock/FHLB Stock

3,323,450

1,763,378

Federal Funds Sold

20,500,000

0

Interest Bearing in Other Banks

0

0

Loans

478,632,690

461,218,804

Reserve for Bad Debts

(6,108,153)

(5,631,992)

Fixed Assets

21,407,676

20,481,640

Accrued Interest Income

4,603,569

4,991,051

Other Assets

30,915,294

30,491,628

Total Assets
$738,114,176
$697,998,602

Dividends Payable

177,046

0

Accrued Expenses Payable

2,645,320

1,857,674

Other Liabilities

5,681,289

19,361,564

Subordinated Debentures

10,310,000

11,310,000

Demand Deposits - Non-Interest Bearing

153,358,363

144,578,257

Interest Bearing Deposits

481,162,075

440,629,273

Total Liabilities
$653,343,093
$617,736,768

Capital Stock

987,016

987,016

Surplus

8,948,615

8,948,615

Retained Earnings

83,835,070

80,875,060

(Less: Treasury Stock)

(8,354,787)

(5,199,762)

Net Unrealized Gains (Losses) on Available For Sale Securities

(644,832)

(5,349,094)

Total Capital
$84,771,082
$80,261,835