Institution Statistics
| Legend Bank, N.A. | | FDIC Certificate # | 3108 | | BankRate Report | View | | Year Established | 1890 | | Employees | 138 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $578.69 million | | Loans | $294.69 million | | Deposits | $505.43 million | | Equity Capital | $67.76 million | | Loan Loss Allowance | $6.02 million | | Unbacked Noncurrent Loans | $6.05 million | | Real Estate Owned | $7.73 million |
Historic Data - September 2010 | | Assets | $555.57 million | | Equity Capital | $63.61 million | | Loan Loss Allowance | $6.38 million | | Unbacked Noncurrent Loans | $9.36 million | | Real Estate Owned | $9.51 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.1% | | Return on Assets | 0.79% | | Return on Equity | 6.95% | | Interest Income | $18.48 million |
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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 September 30, 2011 Legend Bank had $13.79 million in non-current loans and owned real-estate with $73.78 million in equity and loan loss allowances on hand to cover it. This gives Legend Bank a Texas Ratio of 18.69% 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 Legend Bank decreased slightly from 26.95% as of September 30, 2010 to 18.69% as of September 30, 2011, resulting in a positive change of 30.67%.This indicates that the balance sheet and financial strength for Legend Bank has improved slightly in recent periods. | | Deposit Growth | | | In the past year, Legend Bank has increased its total deposits by $18.49 million, resulting in 3.8% 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 Legend Bank has shown is above 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. Legend Bank has $578.69 million in assets with $73.78 million in equity, resulting in a capitalization level of 12.75%, which is excellent. |
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