LegacyTexas Bank in Plano, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

LegacyTexas Bank - Overview

  • General
  • FDIC Certificate #: 18843
    Status: Active
    Federal Reserve ID: 913267
    Bank Holding Company (Regulatory Top Holder): Legacytexas Group, Inc. (RSSDID: 2345068, Location: Plano, TX)
    Date Established: July 26, 1963
    WWW: http://www.legacytexas.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 19 (Domestic: 19, Interstate: No)
    OTS Docket #: 11976
    FDIC's unique #: 12699
    Numeric code: 13
    Regulator: FED
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 26, 1963
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5000 Legacy Drive, Plano, TX 75074
    County: Collin
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $1,584.0 mil
    Equity capital: $160.4 mil
    Deposits held in domestic offices: $1,355.7 mil
    Return on assets (ROA): 0.78% ($12.4 mil)
    Quarterly return on assets: 0.94% ($14.9 mil)
    Return on Equity (ROE): 8.09% ($12.9 mil)
    Quarterly return on equity: 9.45% ($15.1 mil)
    Net income: $12.3 mil
    Quarterly Net income: $3.8 mil
    Pretax return on assets: 0.79% ($12,513.3 mil)
    Quarterly Pretax return on assets: 0.93% ($14,730.8 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
  • 328Total employees (full-time equivalent)
  • $1,583,961Total assets
  • $68,871Cash and due from depository institutions
  • $48,381Interest-bearing balances
  • $398,291Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,030,523Net loans & leases
  • $22,974Loan loss allowance
  • $0Trading account assets
  • $33,391Bank premises and fixed assets
  • $10,279Other real estate owned
  • $8,021Goodwill and other intangibles
  • $1,583,961Life insurance assets
  • $34,585All other assets
  • $1,423,604Total liabilities and capital
  • $1,355,673Total liabilities
  • $1,067,978Total deposits
  • $1,355,673Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 29963.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $30,000Trading liabilities
  • $0Other borrowed funds
  • $7,968Subordinated debt
  • $160,357All other liabilities
  • $160,357Total equity capital
  • $160,357Total bank equity capital
  • $0Perpetual preferred stock
  • $2,063Common stock
  • $96,008Surplus
  • $62,286Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $14,105Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,371Income earned, not collected on loans
  • $0Earning assets
  • $4,312Long-term assets (5+ years)
  • $1,477,195Average Assets, year-to-date
  • $549,818Average Assets, quarterly
  • $1,565,486Volatile liabilities
  • $1,599,626Insider loans
  • $1,129,370FHLB advances
  • $1,592,557Loans and leases held for sale
  • $16,842Unused loan commitments
  • $9,198Tier 1 (core) risk-based capital
  • $147,131Tier 2 risk-based capital
  • $7,644Total risk weighted assets
  • $0Total unused commitments
  • $197,431Restructured Loans and leases
  • $24,278Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $64,779Total interest income
  • $10,945Total interest expense
  • $53,834Net interest income
  • $600Provision for loan and lease losses
  • $8,614Total noninterest income
  • $0Fiduciary activities
  • $2,755Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,859Additional noninterest income
  • $49,506Total noninterest expense
  • $27,689Salaries and employee benefits
  • $8,979Premises and equipment expense
  • $12,838Additional noninterest expense
  • $12,342Pre-tax net operating income
  • $0Securities gains (losses)
  • $55Applicable income taxes
  • $12,287Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,287Net income attributable to bank
  • $0Net charge-offs
  • $12,287Cash dividends
  • $4,831Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.48%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.42%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 8.09%Return on equity (ROE)
  • 8.09%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 12.42%Credit loss provision to net charge-offs
  • 2.68%Efficiency ratio
  • 79,226Assets per employee
  • 4.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 80.98%Noncurrent assets plus other real estate owned to assets
  • 2.44%Noncurrent loans to loans
  • 2.69%Net loans and leases to deposits
  • 76.02%Net loans and leases to core deposits
  • 87.64%Equity capital to assets
  • 10.12%Core capital (leverage) ratio
  • 9.24%Tier 1 risk-based capital ratio
  • 13.03%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,565,486Average earning assets
  • $151,880Average equity
  • $1,445,992Average loans

List of branches

  • 19 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012699Legacytexas Bank5000 Legacy Drive, Plano, TX 75074July 26, 1963Full Service Brick and Mortar
    2246626Preston Road Branch3512 Preston Road, Plano, TX 75093July 25, 1994Full Service Brick and Mortar
    324662714th Street Branch1201 East 14th Street, Plano, TX 75074December 16, 1994Full Service Brick and Mortar
    6246630Frisco Branch8910 Preston Road, Frisco, TX 75034April 15, 1996Full Service Brick and Mortar
    747423Mckinney Branch1800 Redbud Blvd, Mckinney, TX 75069January 08, 1992Full Service Brick and Mortar
    8258029Allen East Branch406 W Mcdermott, Allen, TX 75002October 04, 1993Full Service Brick and Mortar
    9246631Eldorado Branch2976 Eldorado Parkway, Mckinney, TX 75070December 03, 1997Full Service Brick and Mortar
    12357575Parkcities Branch7031 Snider Plaza, Dallas, TX 75205December 08, 1999Full Service Brick and Mortar
    1436224715th Street Branch1573 Alma Drive, Plano, TX 75075June 04, 2001Full Service Brick and Mortar
    16437013Midway Branch13333 Midway Rd., Farmers Branch, TX 75244January 24, 2005Full Service Brick and Mortar
    17466363Richardson Branch707 E Arapaho, Richardson, TX 75081September 20, 2006Full Service Brick and Mortar
    18466364Trinity Mills Branch17617 Dallas Pkwy, Dallas, TX 75287November 06, 2006Full Service Brick and Mortar
    19466365Grapevine Branch900 S Main Street, Grapevine, TX 76051Febuary 15, 2007Full Service Brick and Mortar
    21467505Addison Branch15601 Dallas Parkway, Addison, TX 75001August 13, 2007Full Service Brick and Mortar
    23470779Two City Place Branch100 Throckmorton Street, Fort Worth, TX 76102January 16, 2008Full Service Brick and Mortar
    24473821Grapevine Drive Thru Branch750 West Dallas Road, Grapevine, TX 76051March 10, 2008Limited Service Facility
    25482928Hulen Branch4601 West Freeway, Fort Worth, TX 76107November 12, 2008Full Service Brick and Mortar
    26493397Weatherford Banking Center Branch1111 Santa Fe Drive, Weatherford, TX 76086August 04, 2008Full Service Brick and Mortar
    27493398Museum Place Banking Center Branch3100 W 7th Street Ste 120, Fort Worth, TX 76107April 03, 2009Full Service Brick and Mortar

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