Legacy Bank (KS)

Main Street
Colwich, KS 67030
www.legacy-bank.com

OverView
Rates
Health
Reviews

Legacy Bank (KS) is headquartered in Colwich and is the 49^th largest bank in the state of Kansas. It is also the 2,517^st largest bank in the nation. It was established in 1886 and as of March of 2012, it had grown to 72 employees at 5 locations. Legacy Bank (KS) has a 4-star health rating.

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

Legacy Bank (KS) Checking Account Rates

Apy	Min	Max	Product
0.15%	$1k	-	Interest Checking
0.15%	$100	-	Legacy 55 Checking
0.15%	$1k	-	Business Interest Checking

Legacy Bank (KS) Savings Account Rates

Apy	Min	Max	Product
0.30%	$100	-	Personal Savings
0.30%	$2,500	-	HSA

Legacy Bank (KS) Money Market Rates

Apy	Min	Max	Product
0.80%	$400k	-	Business Prestige Money Market Account
0.70%	$400k	-	Prestige Money Market Account
0.70%	$100k	-	Business Money Market
0.60%	$100k	-	Money Market

Legacy Bank (KS) CD Rates

Apy	Min	Max	Product
1.70%	$1k	-	Business 5 Year CD
1.70%	$1k	-	5 Year CD
1.45%	$1k	-	Business 4 Year CD
1.45%	$1k	-	4 Year CD
1.20%	$1k	-	Business 3 Year CD
1.20%	$1k	-	3 Year CD
1.05%	$1k	-	Business 2 Year CD
1.05%	$1k	-	2 Year CD
0.75%	$1k	-	Business 1 Year CD
0.75%	$1k	-	1 Year CD
0.40%	$1k	-	Business 6 Month CD
0.40%	$1k	-	6 Month CD
0.25%	$10k	-	Business 13 Week CD
0.25%	$10k	-	13 Week CD
0.15%	$10k	-	Business 4 Week CD
0.15%	$10k	-	4 Week CD

Legacy Bank (KS) IRA Rates

Apy	Min	Max	Product
0.95%	$100	-	18 Month IRA
0.95%	$100	-	18 Month Roth IRA
0.40%	$100	-	6 Month IRA
0.40%	$100	-	6 Month Roth IRA

Rates updated: 5/26/2012

Data for Q1 2012

Institution Statistics

Legacy Bank
FDIC Certificate #	17676
BankRate Report	View
Year Established	1886
Employees	72
Primary Regulator	FDIC
Assets and Liabilities
Assets	$257.00 million
Loans	$198.45 million
Deposits	$211.17 million
Equity Capital	$25.96 million
Loan Loss Allowance	$3.56 million
Unbacked Noncurrent Loans	$4.38 million
Real Estate Owned	$1.37 million
Historic Data - March 2011
Assets	$252.91 million
Equity Capital	$23.94 million
Loan Loss Allowance	$3.14 million
Unbacked Noncurrent Loans	$4.27 million
Real Estate Owned	$2.45 million
Profit Margin - Quarterly
Net Interest Margin	4.32%
Return on Assets	1.04%
Return on Equity	10.39%
Interest Income	$3.15 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Legacy Bank (KS) had $5.75 million in non-current loans and owned real-estate with $29.52 million in equity and loan loss allowances on hand to cover it. This gives Legacy Bank (KS) a Texas Ratio of 19.48% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Legacy Bank (KS) decreased slightly from 25.08% as of March 31, 2011 to 19.48% as of March 31, 2012, resulting in a positive change of 22.33%.This indicates that the balance sheet and financial strength for Legacy Bank (KS) has improved slightly in recent periods.
Deposit Growth
In the past year, Legacy Bank (KS) has increased its total deposits by $10.94 million, resulting in 5.46% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Legacy Bank (KS) has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Legacy Bank (KS) has $257 million in assets with $29.52 million in equity, resulting in a capitalization level of 11.49%, which is above average.

No reviews have been left for this bank yet. Be the first to review.