Loading bank profile
Data through Q3 2026 · 4,200 institutions
Regulatory profile
Grundy, VA · FDIC certificate #19011
LEGACY BANK is an FDIC-insured institution based in Grundy, VA (FDIC certificate #19011). In its Q3 2026 Call Report it reported total assets of $363M, total deposits of $282M and net loans of $236M. Its primary federal regulator is FED.
Plain-language readout
LEGACY BANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $363M in Q3 2026 and were lowest at $358M in Q1 2026.
Total deposits were highest at $291M in Q1 2026 and lowest at $280M in Q2 2026.
Over the whole period total assets rose 1.4%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $363M | $282M | $236M | 0.93% | 5.28% | 3.28% |
| Q2 2026 | $360M | $280M | $232M | 0.85% | 4.77% | 3.13% |
| Q1 2026 | $358M | $291M | $227M | 0.91% | 5.15% | 3.03% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $5.0M | $7.0M | -$2.0M | -28.1% |
| Federal funds sold | $0K | $0K | $0K | n/a |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $96.5M | $97.5M | -$968K | -1.0% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $231.8M | $227.0M | +$4.8M | +2.1% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $6.3M | $6.4M | -$103K | -1.6% |
| Other real estate owned | $1.0M | $1.0M | -$14K | -1.4% |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $19.6M | $18.9M | +$689K | +3.6% |
| Total assets | $360.2M | $357.8M | +$2.4M | +0.7% |
| Liabilities | ||||
| Total deposits | $279.7M | $290.7M | -$11.0M | -3.8% |
| Federal funds purchased | $7.6M | $2.0M | +$5.6M | +280.0% |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $7.0M | $0K | +$7.0M | n/a |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $835K | $1.2M | -$392K | -31.9% |
| Total liabilities | $295.1M | $294.0M | +$1.2M | +0.4% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $10.0M | $10.0M | $0K | 0.0% |
| Surplus | $10.0M | $10.0M | $0K | 0.0% |
| Retained earnings | $53.9M | $53.4M | +$519K | +1.0% |
| Accumulated other comprehensive income | -$8.8M | -$9.6M | +$728K | +7.6% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $65.1M | $63.9M | +$1.2M | +2.0% |
| Credit and capital | ||||
| Gross nonperforming assets | $5.2M | $5.1M | +$43K | +0.8% |
| Adjusted nonperforming assets | $5.2M | $5.1M | +$43K | +0.8% |
| Tangible equity plus allowance | $67.7M | $66.4M | +$1.3M | +1.9% |
| Texas ratio (gross) | 7.66% | 7.75% | -0.08 pts | See points |
| Texas ratio (adjusted) | 7.66% | 7.75% | -0.08 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 8.26% | 8.34% | -0.08 pts | See points |
| Tier 1 capital to risk-weighted assets | 27.83% | 27.92% | -0.09 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 27.83% | 27.92% | -0.09 pts | See points |
| Tier 2 capital to risk-weighted assets | 0.98% | 0.98% | -0.00 pts | See points |
| Total risk-based capital to risk-weighted assets | 28.81% | 28.90% | -0.09 pts | See points |
| Tier 1 leverage (approximate) | 20.64% | 20.49% | +0.15 pts | See points |
| Construction and land loans to total capital | 26.80% | 25.05% | +1.75 pts | See points |
| Commercial real estate to total capital | 138.13% | 135.28% | +2.84 pts | See points |
| Dividend payout, year to date | 19.40% | 12.85% | +6.55 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -15.11% | -16.48% | +1.37 pts | See points |
| Liquidity | ||||
| Core deposits | $191.0M | $200.1M | -$9.1M | -4.5% |
| Non-core funding | $103.3M | $92.7M | +$10.6M | +11.5% |
| Loans to core deposits | 122.71% | 114.74% | +7.97 pts | See points |
| Loans to deposits | 83.79% | 78.96% | +4.83 pts | See points |
| Brokered deposits share of deposits | 0.00% | 0.00% | 0.00 pts | See points |
| Pledged securities share of securities | 49.74% | 51.12% | -1.38 pts | See points |
| Loans pledged, share of loans | 0.00% | 0.00% | 0.00 pts | See points |
| Volatile liabilities | $103.3M | $92.7M | +$10.6M | +11.5% |
| Earnings | ||||
| Earnings before provision, year to date | $1.9M | $957K | +$929K | +97.1% |
| Earnings before provision, single quarter | $929K | $957K | -$28K | -2.9% |
| Provision for credit losses, year to date | $113K | $0K | +$113K | n/a |
| Yield and cost | ||||
| Yield on loans and leases | 6.46% | 6.21% | +0.25 pts | See points |
| Yield on interest-bearing balances due from banks | 2.18% | 2.54% | -0.37 pts | See points |
| Total interest income to average assets | 4.83% | 4.60% | +0.23 pts | See points |
| Cost of interest-bearing transaction accounts | 0.12% | 0.09% | +0.04 pts | See points |
| Cost of savings and money market deposits | 1.25% | 1.24% | +0.01 pts | See points |
| Cost of time deposits | 3.72% | 3.69% | +0.03 pts | See points |
| Total interest expense to average assets | 1.87% | 1.80% | +0.07 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $363M | $282M | $236M | 0.93% | 5.28% | 3.28% |
| 2026-06-30 | $360M | $280M | $232M | 0.85% | 4.77% | 3.13% |
| 2026-03-31 | $358M | $291M | $227M | 0.91% | 5.15% | 3.03% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| VA | $295.8M | 0.09% | 62 | Continuing · +0.00 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.