Legend Bancorp, N.A.

Statement of Condition


March 31, 2018

December 31, 2017

Cash & Due From Banks

8,384,869

11,416,697

Federal Agency Issues

124,044,139

81,125,894

Obligations of States and Political Subdivisions

48,895,37765,144,977

Other Securities

5,552,742

5,138,651

Federal Reserve Bank Stock/FHLB Stock

1,745,253

1,741,653

Federal Funds Sold

11,000,000

13,000,000

Interest Bearing in Other Banks

0

0

Loans

418,982,668

417,070,426

Reserve for Bad Debts

(5,742,853)

(5,082,851)

Fixed Assets

20,047,624

19,810,613

Accrued Interest Income

4,016,646

4,290,725

Other Assets

28,612,356

28,198,855

Total Assets
$665,538,822
$641,135,640

Dividends Payable

183,689

0

Accrued Expenses Payable

1,889,877

1,517,604

Other Liabilities

5,340,695

5,147,202

Subordinated Debentures

11,310,000

11,310,000

Demand Deposits - Non-Interest Bearing

189,025,635

178,806,001

Interest Bearing Deposits

380,563,409

366,580,389
Total Liabilities
$588,313,306
$563,631,198

Capital Stock

987,016

987,016

Surplus

8,948,615

8,948,615

Retained Earnings

77,535,861

75,843,924

(Less: Treasury Stock)

(5,199,762)

(5,199,762)

Net Unrealized Gains (Losses) on Available For Sale Securities

(5,046,214)

(2,805,351)
Total Capital
$77,225,516
$77,774,442