Legacy Bank

123 East Chicago
Colwich, KS 67030


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17676
Date Established 1886
Assets $0.44 billion
Loans $0.33 billion
Deposits $0.35 billion
Capital $0.05 billion

Legacy Bank is an FDIC insured institution located in Colwich, KS. It was founded in 1886 and has approximately $0.44 billion in assets. Customers can open an account at one of its 7 branches.

For a more detailed analysis of Legacy Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Legacy Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Kansas, Legacy Bank has a significantly higher percent of Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 31.72
Credit Card Loans 0.00
Consumer Auto Loans 0.35
Small Business Loans 9.82
Construction and Development Loans 11.29
Commercial Real Estate 33.30
Commercial and Industrial Loans 12.24
Farm Loans 5.54

Deposit Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.75% $1 $99,999 Learn MoreShow Less
3 Mo CD
0.50% $10,000 - Learn MoreShow Less
6 Mo CD
0.70% $1,000 - Learn MoreShow Less
12 Mo CD
2.15% $1,000 - Learn MoreShow Less
18 Mo CD
2.20% $1,000 - Learn MoreShow Less
24 Mo CD
2.25% $1,000 - Learn MoreShow Less
36 Mo CD
2.50% $1,000 - Learn MoreShow Less
48 Mo CD
2.60% $1,000 - Learn MoreShow Less
60 Mo CD
2.75% $1,000 - Learn MoreShow Less

Fixed IRA
2.20% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 - Learn MoreShow Less

Loan Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Legacy Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
4.500% 4.500% 0.00 $0 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Legacy Bank
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Legacy Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Legacy Bank Locations

Financial Details

Legacy Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Legacy Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Legacy Bank U.S. Bank Average
7.81% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2018, Legacy Bank had $3,650,000 in non-current loans and $483,000 in owned real estate. To cover these potential losses it had $49,146,000 in equity and $3,762,000 in loans loss reserves. That gives it a Texas Ratio of 7.81%.

Return on Equity
Legacy Bank U.S. Bank Average
8.57% 8.80%

Legacy Bank has a Return on Equity of 8.57% versus the BestCashCow average of 8.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Legacy Bank U.S. Bank Average
11.08% 12.29%

Legacy Bank has a Capitalization of 11.08% versus the BestCashCow average of 12.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Legacy Bank Balance Sheet Analysis

As of December 31, 2018, Legacy Bank had assets of $443,608,000, loans of $328,958,000, and deposits of $350,991,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2018
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.02 billion
Total securities $0.05 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.33 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.39 billion
Total deposits $0.35 billion
      Interest-bearing deposits $0.27 billion
      Deposits held in domestic offices $0.35 billion
      % insured (estimated) 79.31%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.39 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

December 31, 2018
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Legacy Bank

Branches and Savings

Is Legacy Bank FDIC insured?

Yes. It is covered under FDIC Certificate #17676.

Why does Legacy Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Legacy Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Legacy Bank a commercial bank?


Where are Legacy Bank locations?

See branch locations nearby.

Is Legacy Bank open on Saturdays?

Is Legacy Bank open on Sundays?

What time does Legacy Bank open?

What time does Legacy Bank close?

Are Legacy Bank ATMs Open 24/7?

Do Legacy Bank ATMs accept cash deposits?

Can Legacy Bank customers use other ATMs?

Do Legacy Bank branches have notaries?

Will Legacy Bank notarize my document?

What address for Legacy Bank should I put for incoming ACH transfers?

Will the Legacy Bank branch print checks?

Do Legacy Bank checks expire?

Does Legacy Bank require US citizenship to open account?

Can Legacy Bank close my account?

Does Legacy Bank Report to credit bureaus?

Does Legacy Bank Use Equifax?

What is Legacy Bank's ACH Routing Number?

What is Legacy Bank's SWIFT code?


Does Legacy Bank offer mortgages?

Compare mortgage rates here.

Does Legacy Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Legacy Bank offer personal loans?

Compare personal loan rates here.

Does Legacy Bank offer student loans?

Will Legacy Bank cash a check?

Will Legacy Bank redeem a savings bond?

Does Legacy Bank cash savings bonds?

Will Legacy Bank cash money orders?

Can Legacy Bank issue a money order?

Does Legacy Bank do currency exchange?

Background on The Bank

Who owns Legacy Bank?

How long has Legacy Bank been around?

Can Legacy Bank transfer to other banks?

Does Legacy Bank have quick pay?

Does Legacy Bank accept rolled coins?

Will Legacy Bank accept loose change?

Where is Legacy Bank headquarters?

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