Legend Bancorp, N.A.

Statement of Condition


June 30, 2018

December 31, 2017

Cash & Due From Banks

10,072,259

11,416,697

Federal Agency Issues

130,107,218

81,125,894

Obligations of States and Political Subdivisions

40,850,676 65,144,977

Other Securities

5,454,526

5,138,651

Federal Reserve Bank Stock/FHLB Stock

1,749,653

1,741,653

Federal Funds Sold

0

13,000,000

Interest Bearing in Other Banks

0

0

Loans

434,745,420

417,070,426

Reserve for Bad Debts

(5,378,015)

(5,082,851)

Fixed Assets

20,374,238

19,810,613

Accrued Interest Income

4,248,630

4,290,725

Other Assets

29,237,828

28,198,855

Total Assets
$671,462,434
$641,135,640

Dividends Payable

183,689

0

Accrued Expenses Payable

2,126,138

1,517,604

Other Liabilities

11,939,706

5,147,202

Subordinated Debentures

11,310,000

11,310,000

Demand Deposits - Non-Interest Bearing

192,730,196

178,806,001

Interest Bearing Deposits

375,567,675

366,580,389
Total Liabilities
$593,857,405
$563,631,198

Capital Stock

987,016

987,016

Surplus

8,948,615

8,948,615

Retained Earnings

78,722,806

75,843,924

(Less: Treasury Stock)

(5,199,762)

(5,199,762)

Net Unrealized Gains (Losses) on Available For Sale Securities

(5,853,646)

(2,805,351)
Total Capital
$77,605,029
$77,774,442