Legacy National Bank

Established in 2005

About Legacy National Bank

Legacy National Bank was established on 2005. The bank's headquarters are located at 4055 West Sunset in Springdale, Arkansas.

Legacy National Bank is an FDIC insured bank with FDIC number 57953 managing assets to the value of $673,647 as of 12/31/2020.

Legacy National Bank has a Texas ratio of 11.48%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

11.48%
Texas Ratio
FDIC Certificate #

57953

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $673,647
Equity Capital $57,402
Total Deposits $596,754
Total Liabilities $616,245
Total Securities $29,905
Net Loans And Leases $568,644
Loan Loss Allowance $9,464
Total Loans And Leases $578,108
YTD (as of 12/31/2020)
Return On Assets 1.14%
Return On Equity 12.76%
Total Interest Income $26,012
Total Interest Expense $4,177
Total Non Interest Income $3,274
Total Non Interest Expense $14,768

Headquarters

4055 West Sunset 72762, Springdale

Legacy National Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $578,108 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Legacy National Bank Mortgage Loans Profile

Classic Bank

74.50%

Application Approval Rate

Classic Bank

$314,305

Average Mortgage Loan Amount

Classic Bank

251

Number of Loan Applications

Classic Bank

$181,246

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Benton

Number of Loan Applications
125
Average Loan Amount
$279,607
Approval Rate
71.20%
Average Income of Approved Loans’ Applicants
$205,982

2 Washington

Number of Loan Applications
119
Average Loan Amount
$352,527
Approval Rate
78.15%
Average Income of Approved Loans’ Applicants
$158,966

3 Marion

Number of Loan Applications
2
Average Loan Amount
$265,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$222,000

4 Newton

Number of Loan Applications
1
Average Loan Amount
$0
Approval Rate
0.00%
Average Income of Approved Loans’ Applicants
$0

5 Madison

Number of Loan Applications
1
Average Loan Amount
$285,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$114,000

6 Adair

Number of Loan Applications
1
Average Loan Amount
$65,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$27,000

Top States by Number of Mortgage Loan Applications

1 Arkansas

Number of Loan Applications
248
Average Loan Amount
$316,135
Approval Rate
74.60%
Average Income of Approved Loans’ Applicants
$181,957

2 Oklahoma

Number of Loan Applications
2
Average Loan Amount
$145,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$140,000

3 Texas

Number of Loan Applications
1
Average Loan Amount
$0
Approval Rate
0.00%
Average Income of Approved Loans’ Applicants
$0