Overview / Commentary
Legend Bank is headquartered in BOWIE and is the 87th largest bank in the state of Texas. It is also the 946th largest bank in the nation. It was established in 1890 and as of June of 2023, it had grown to 196 employees at 15 locations. Legend Bank has an A health rating.
Health
A
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3108 |
| Year Established | 1890 |
| Employees | 196 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.4% |
| Return on Equity - YTD | 19.2% |
| Annual Interest Income | $23.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $1.05B$963.8MM |
| Loans | Q2 2023vs Q2 2022 | $645.8MM$611.8MM |
| Deposits | Q2 2023vs Q2 2022 | $942.3MM$876.6MM |
| Equity Capital | Q2 2023vs Q2 2022 | $74.3MM$76.0MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $9.4MM$9.3MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $913.00K$1.2MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$141.00K |
