Legend Bancorp, N.A.

Statement of Condition


December 31, 2018

December 31, 2017

Cash & Due From Banks

12,337,953

11,416,697

Federal Agency Issues

125,675,690

81,125,894

Obligations of States and Political Subdivisions

39,473,175 65,144,977

Other Securities

7,197,275

5,138,651

Federal Reserve Bank Stock/FHLB Stock

1,763,378

1,741,653

Federal Funds Sold

0

13,000,000

Interest Bearing in Other Banks

0

0

Loans

461,218,804

417,070,426

Reserve for Bad Debts

(5,631,992)

(5,802,851)

Fixed Assets

20,481,640

19,810,613

Accrued Interest Income

4,991,051

4,290,725

Other Assets

30,491,628

28,198,855

Total Assets
$697,998,602
$641,135,640

Dividends Payable

0

0

Accrued Expenses Payable

1,857,674

1,517,604

Other Liabilities

19,361,564

5,147,202

Subordinated Debentures

11,310,000

11,310,000

Demand Deposits - Non-Interest Bearing

144,578,257

178,806,001

Interest Bearing Deposits

440,629,273

366,580,389
Total Liabilities
$617,736,768
$563,361,198

Capital Stock

987,016

987,016

Surplus

8,948,615

8,948,615

Retained Earnings

80,875,060

75,843,924

(Less: Treasury Stock)

(5,199,762)

(5,199,762)

Net Unrealized Gains (Losses) on Available For Sale Securities

(5,349,094)

(2,805,351)
Total Capital
$80,261,835
$77,774,442