FDIC Certificate #: 57536 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Security Bank (#27132) Federal Reserve ID: 3214077 Date Established: October 01, 2003 WWW:http://www.legacybankna.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 365180 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: October 01, 2003 Last Structure Change Effective Date: Febuary 12, 2007 Last Structure Change Process Date: Febuary 28, 2007 Last Data Update: Febuary 28, 2007 Data Source Date: April 05, 2012
Location
Address: 125 E. Campbell Avenue, Campbell, CA 95008 County: Santa Clara Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: San Francisco Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Jose, CA (#7400) Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84) Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488) Core Based Statistical Area (CBSA): San Jose-Sunnyvale-Santa Clara, CA (#41940) CBSA Metro Statistical Area: San Jose-Sunnyvale-Santa Clara, CA (#41940)
Financial Summary
Total assets: $87.2 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
22Total employees (full-time equivalent)
$87,235Total assets
$4,928Cash and due from depository institutions
$500Interest-bearing balances
$7,437Securities
$9,755Federal funds sold & reverse repurchase agreements
$62,697Net loans & leases
$1,168Loan loss allowance
$0Trading account assets
$751Bank premises and fixed assets
$0Other real estate owned
$165Goodwill and other intangibles
$0Life insurance assets
$1,502All other assets
$87,235Total liabilities and capital
$76,205Total liabilities
$75,923Total deposits
$56,634Interest-bearing deposits
$75,923Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$282All other liabilities
$11,030Total equity capital
$11,030Total bank equity capital
$11,030Perpetual preferred stock
$0Common stock
$8,362Surplus
$8,198Undivided profits
Memoranda
$-5,530Noncurrent loans and leases
$7,952Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$346Average Assets, year-to-date
$80,389Average Assets, quarterly
$8,474Volatile liabilities
$83,567Insider loans
$85,291FHLB advances
$9,827Loans and leases held for sale
$1,805Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,952Total unused commitments
$0Restructured Loans and leases
$942Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$6,688Total interest income
$1,810Total interest expense
$4,878Net interest income
$125Provision for loan and lease losses
$872Total noninterest income
$0Fiduciary activities
$214Service charges on deposit accounts
$0Trading account gains & fees
$658Additional noninterest income
$5,068Total noninterest expense
$2,788Salaries and employee benefits
$587Premises and equipment expense
$1,693Additional noninterest expense
$557Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$556Income before extraordinary items
$0Extraordinary gains - net
$556Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$201Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.63%Yield on earning assets
2.34%Cost of funding earning assets
6.29%Net interest margin
1.13%Noninterest income to earning assets
6.54%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
0.67%Pretax return on assets
5.27%Return on equity (ROE)
5.27%Retained earnings to average equity (YTD only)
-0.32%Net charge-offs to loans
-62.19%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,139Assets per employee
3.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
82.58%Net loans and leases to core deposits
94.86%Equity capital to assets
12.64%Core capital (leverage) ratio
12.84%Tier 1 risk-based capital ratio
14.75%Total risk-based capital ratio
Memoranda
$16Average assets
$83,567Average earning assets
$10,550Average equity
$77,492Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Legacy Bank, N.A..
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: