Legend Bancorp, N.A.

Statement of Condition


March 31, 2019

December 31, 2018

Cash & Due From Banks

10,484,250

12,337,953

Federal Agency Issues

122,341,021

125,675,690

Obligations of States and Political Subdivisions

39,730,983 39,473,175

Other Securities

7,332,862

7,197,275

Federal Reserve Bank Stock/FHLB Stock

1,769,978

1,763,378

Federal Funds Sold

3,000,000

0

Interest Bearing in Other Banks

0

0

Loans

474,330,962

461,218,804

Reserve for Bad Debts

(5,885,888)

(5,631,992)

Fixed Assets

21,103,964

20,481,640

Accrued Interest Income

4,266,360

4,991,051

Other Assets

30,810,269

30,491,628

Total Assets
$709,284,760
$697,998,602

Dividends Payable

183,689

0

Accrued Expenses Payable

2,448,662

1,857,674

Other Liabilities

6,051,020

19,361,564

Subordinated Debentures

10,310,000

11,310,000

Demand Deposits - Non-Interest Bearing

143,024,161

144,578,257

Interest Bearing Deposits

464,021,783

440,629,273

Total Liabilities
$626,039,315
$617,736,768

Capital Stock

987,016

987,016

Surplus

8,948,615

8,948,615

Retained Earnings

82,228,486

80,875,060

(Less: Treasury Stock)

(5,199,762)

(5,199,762)

Net Unrealized Gains (Losses) on Available For Sale Securities

(3,718,911)

(5,349,094)

Total Capital
$83,245,445
$80,261,835