Legacy Bank in Colwich, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


Legacy Bank - Overview

  • General
  • FDIC Certificate #: 17676
    Status: Active
    Federal Reserve ID: 785950
    Bank Holding Company (Regulatory Top Holder): Colwich Financial Corporation (RSSDID: 1416448, Location: Colwich, KS)
    Date Established: Febuary 22, 1886
    WWW: http://www.legacy-bank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 11640
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 04, 1956
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: September 29, 2010
    Last Data Update: September 29, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 240 W Wichita Ave, Colwich, KS 67030
    County: Sedgwick
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Wichita
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Wichita, KS (#9040)
    Combined Statistical Area (CSA): Wichita-Winfield, KS (#556)
    Core Based Statistical Area (CBSA): Wichita, KS (#48620)
    CBSA Metro Statistical Area: Wichita, KS (#48620)
  • History of Changes
  • Corrections
    Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $258.1 mil
    Equity capital: $25.6 mil
    Deposits held in domestic offices: $208.9 mil
    Return on assets (ROA): 0.80% ($2.1 mil)
    Quarterly return on assets: 1.18% ($3.0 mil)
    Return on Equity (ROE): 8.43% ($2.2 mil)
    Quarterly return on equity: 11.90% ($3.1 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.22% ($3,149.2 mil)
    Quarterly Pretax return on assets: 1.81% ($4,672.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 72Total employees (full-time equivalent)
  • $258,133Total assets
  • $19,934Cash and due from depository institutions
  • $16,062Interest-bearing balances
  • $22,843Securities
  • $1,213Federal funds sold & reverse repurchase agreements
  • $198,253Net loans & leases
  • $3,537Loan loss allowance
  • $0Trading account assets
  • $7,361Bank premises and fixed assets
  • $2,092Other real estate owned
  • $0Goodwill and other intangibles
  • $258,133Life insurance assets
  • $6,437All other assets
  • $232,486Total liabilities and capital
  • $208,943Total liabilities
  • $174,721Total deposits
  • $208,943Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $22,438Trading liabilities
  • $0Other borrowed funds
  • $1,105Subordinated debt
  • $25,647All other liabilities
  • $25,647Total equity capital
  • $25,647Total bank equity capital
  • $0Perpetual preferred stock
  • $1,049Common stock
  • $2,911Surplus
  • $21,687Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,866Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,510Income earned, not collected on loans
  • $37Earning assets
  • $1,176Long-term assets (5+ years)
  • $238,371Average Assets, year-to-date
  • $34,472Average Assets, quarterly
  • $252,428Volatile liabilities
  • $255,772Insider loans
  • $204,699FHLB advances
  • $253,084Loans and leases held for sale
  • $2,424Unused loan commitments
  • $2,424Tier 1 (core) risk-based capital
  • $25,240Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,210Restructured Loans and leases
  • $6,281Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,598Total interest income
  • $2,622Total interest expense
  • $9,976Net interest income
  • $1,038Provision for loan and lease losses
  • $1,134Total noninterest income
  • $0Fiduciary activities
  • $424Service charges on deposit accounts
  • $0Trading account gains & fees
  • $710Additional noninterest income
  • $7,006Total noninterest expense
  • $4,132Salaries and employee benefits
  • $1,047Premises and equipment expense
  • $1,827Additional noninterest expense
  • $3,066Pre-tax net operating income
  • $1Securities gains (losses)
  • $1,036Applicable income taxes
  • $2,031Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,031Net income attributable to bank
  • $0Net charge-offs
  • $2,031Cash dividends
  • $288Sale, conversion, retirement of capital stock, net
  • $63Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.41%Yield on earning assets
  • 1.13%Cost of funding earning assets
  • 4.29%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.22%Pretax return on assets
  • 8.43%Return on equity (ROE)
  • 8.17%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 360.42%Credit loss provision to net charge-offs
  • 14.25%Efficiency ratio
  • 63,060Assets per employee
  • 3.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 3.10%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 78.43%Noncurrent assets plus other real estate owned to assets
  • 2.56%Noncurrent loans to loans
  • 2.23%Net loans and leases to deposits
  • 94.88%Net loans and leases to core deposits
  • 113.79%Equity capital to assets
  • 9.94%Core capital (leverage) ratio
  • 9.97%Tier 1 risk-based capital ratio
  • 12.33%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $252,428Average earning assets
  • $24,091Average equity
  • $232,764Average loans

List of branches

  • 5 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011640Legacy Bank240 W Wichita Ave, Colwich, KS 67030Febuary 22, 1886Full Service Brick and Mortar
    1242495West Central Branch8725 West Central, Wichita, KS 67212July 01, 1992Full Service Brick and Mortar
    2242496North Woodlawn Branch2055 North Woodlawn, Wichita, KS 67208June 09, 1997Full Service Brick and Mortar
    3358964Wichita Branch7555 West 21st Street, Wichita, KS 67205November 13, 2000Full Service Brick and Mortar
    4439873North Wichita Branch3711 North Ridge Road, Wichita, KS 67205April 18, 2005Full Service Brick and Mortar

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