Legacy Bank
Scottsdale, AZ — Non-member Bank
Acquired Jan 2011
Vitals
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Total Assets136.4M -27.9 %
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Total Deposits119.7M -21.9 %
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Total Net Loans95.1M -28.5 %
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Net Income-4703000.0000
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Book Value2.1M -69.6 %
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Book Value x24.3M -69.6 %
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Book Value x36.4M -69.6 %
Balance Sheet Highlights
| Financial Highlights | Legacy Bank | All Insured Commercial Banks in Arizona |
| Balance Sheet $(000) | ||
| Total Assets | 136,446 | 253,599 |
| Total Net Loans | 95,087 | 167,822 |
| Total Deposits | 119,685 | 214,973 |
| Total Equity | 2,139 | 25,507 |
| Profitability | ||
| Net Income | -4,703 | -3,216 |
| Return on Average Assets | -2.916 | -2.071 |
| Return on Average Equity | -99.065 | -25.302 |
| Net Interest Margin | 3.351 | 3.886 |
| Efficiency Ratio | 280.66 | 123.468 |
| Noninterest Income/Revenue | -72.254 | 12.283 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 79.448 | 77.716 |
| Securities/Assets | .07 | .129 |
| Total Equity/Total Assets | .016 | .101 |
| Tangible Equity/Tangible Assets | .016 | .095 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 1,944 | 23,774 |
| Tier 2 Capital | 1,368 | 2,959 |
| Total Capital | 3,312 | 26,714 |
| Total Risk Weighted Assets | 108,130 | 188,941 |
| Leverage Ratio | 1.36 | 10.881 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.8 | 15.12 |
| Total Capital Ratio | 3.06 | 16.377 |
Timeline for Legacy Bank
Enterprise Bank & Trust
Legacy Bank was acquired by Enterprise Bank & Trust 13 years
View Profile Jan 08 2011
Great Western Bancorp, Inc.
Great Western Bancorp, Inc. became a new subsidiary organization for Legacy Bank.
View Profile Dec 09 2009
Legacy Bank
Legacy Bank was established 19 years ago and is currently headquartered in Scottsdale, AZ.
Jan 03 2005
Legacy Integrity Group, Inc.
Legacy Integrity Group, Inc. became a new parent organization for Legacy Bank.
View Profile Jan 03 2005| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Enterprise Bank & Trust | Buyer | 3,896,450 | Failure | 1/8/2011 |
| Relationships | Role | Relationship Start | Relationship End |
| Legacy Integrity Group, Inc. | Parent | 1/3/2005 | 1/7/2011 |
| Great Western Bancorp, Inc. | Subsidary | 12/9/2009 | 1/7/2011 |
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