Institution Statistics
| Legacy State Bank | | FDIC Certificate # | 57882 | | BankRate Report | View | | Year Established | 2005 | | Employees | 13 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $73.59 million | | Loans | $35.02 million | | Deposits | $63.61 million | | Equity Capital | $5.10 million | | Loan Loss Allowance | $932,000 | | Unbacked Noncurrent Loans | $6.65 million | | Real Estate Owned | $10.52 million |
Historic Data - March 2011 | | Assets | $90.36 million | | Equity Capital | $5.93 million | | Loan Loss Allowance | $1.15 million | | Unbacked Noncurrent Loans | $7.34 million | | Real Estate Owned | $10.31 million |
Profit Margin - Quarterly | | Net Interest Margin | 2.52% | | Return on Assets | -3.35% | | Return on Equity | -46.75% | | Interest Income | $535,000 |
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Institution Health
Overall Score:
1 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 State Bank had $17.17 million in non-current loans and owned real-estate with $6.03 million in equity and loan loss allowances on hand to cover it. This gives Legacy State Bank a Texas Ratio of 284.63% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Legacy State Bank held steady from 249.17% as of March 31, 2011 to 284.63% as of March 31, 2012, resulting in a negative change of 14.23%. This indicates that the balance sheet and financial strength for Legacy State Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, Legacy State Bank has decreased its total deposits by -$2.9 million, resulting in -4.36% 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 State Bank has shown is below average. | | 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 State Bank has $73.59 million in assets with $6.03 million in equity, resulting in a capitalization level of 8.20%, which is average. |
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