Legacy National Bank in Springdale, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


Legacy National Bank - Overview

  • General
  • FDIC Certificate #: 57953
    Status: Active
    Federal Reserve ID: 3306280
    Date Established: March 28, 2005
    WWW: http://www.legacyar.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 432578
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 28, 2005
    Last Structure Change Effective Date: October 23, 2006
    Last Structure Change Process Date: December 07, 2006
    Last Data Update: December 07, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 4055 West Sunset, Springdale, AR 72762
    County: Washington
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Fayetteville-Springdale-Rogers, AR (#2580)
    Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220)
    CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $256.8 mil
    Equity capital: $34.2 mil
    Deposits held in domestic offices: $195.2 mil
    Return on assets (ROA): 0.14% ($0.4 mil)
    Quarterly return on assets: 0.09% ($0.2 mil)
    Return on Equity (ROE): 1.08% ($0.4 mil)
    Quarterly return on equity: 0.63% ($0.2 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.24% ($616.2 mil)
    Quarterly Pretax return on assets: 0.14% ($359.5 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
  • 51Total employees (full-time equivalent)
  • $256,752Total assets
  • $34,025Cash and due from depository institutions
  • $29,113Interest-bearing balances
  • $11,219Securities
  • $6,950Federal funds sold & reverse repurchase agreements
  • $172,749Net loans & leases
  • $4,728Loan loss allowance
  • $0Trading account assets
  • $10,743Bank premises and fixed assets
  • $9,195Other real estate owned
  • $0Goodwill and other intangibles
  • $256,752Life insurance assets
  • $11,871All other assets
  • $222,588Total liabilities and capital
  • $195,166Total liabilities
  • $158,689Total deposits
  • $195,166Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $27,000Trading liabilities
  • $0Other borrowed funds
  • $422Subordinated debt
  • $34,164All other liabilities
  • $34,164Total equity capital
  • $34,164Total bank equity capital
  • $1Perpetual preferred stock
  • $4Common stock
  • $46,083Surplus
  • $-11,924Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,299Income earned, not collected on loans
  • $0Earning assets
  • $662Long-term assets (5+ years)
  • $220,031Average Assets, year-to-date
  • $19,343Average Assets, quarterly
  • $252,622Volatile liabilities
  • $248,305Insider loans
  • $195,319FHLB advances
  • $237,925Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,984Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,427Restructured Loans and leases
  • $1,430Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,805Total interest income
  • $2,465Total interest expense
  • $7,340Net interest income
  • $125Provision for loan and lease losses
  • $132Total noninterest income
  • $0Fiduciary activities
  • $168Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$36Additional noninterest income
  • $6,741Total noninterest expense
  • $3,154Salaries and employee benefits
  • $967Premises and equipment expense
  • $2,620Additional noninterest expense
  • $606Pre-tax net operating income
  • $0Securities gains (losses)
  • $240Applicable income taxes
  • $366Income before extraordinary items
  • $0Extraordinary gains - net
  • $366Net income attributable to bank
  • $0Net charge-offs
  • $366Cash dividends
  • $396Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 1.16%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.24%Pretax return on assets
  • 1.08%Return on equity (ROE)
  • 1.08%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 31.57%Credit loss provision to net charge-offs
  • 1.85%Efficiency ratio
  • 90,217Assets per employee
  • 5.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.66%Loss allowance to noncurrent loans
  • 50.84%Noncurrent assets plus other real estate owned to assets
  • 7.20%Noncurrent loans to loans
  • 5.24%Net loans and leases to deposits
  • 88.51%Net loans and leases to core deposits
  • 103.45%Equity capital to assets
  • 13.31%Core capital (leverage) ratio
  • 11.34%Tier 1 risk-based capital ratio
  • 13.82%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $252,622Average earning assets
  • $33,806Average equity
  • $212,917Average loans

List of branches

  • 4 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0432578Legacy National Bank4055 West Sunset, Springdale, AR 72762March 28, 2005Full Service Brick and Mortar
    1444556Butterfield Coach Road Branch``2081 Butterfield Coach Road, Springdale, AR 72764August 15, 2005Full Service Brick and Mortar
    2469117Legacy National Bank Pinnacle Branch5415 Pinnacle Point Drive, Suite 500, Rogers, AR 72758October 05, 2007Full Service Brick and Mortar
    3469294South Branch3607 South Thompson Street, Springdale, AR 72764September 20, 2007Full Service Brick and Mortar

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