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This institution is no longer active

Operations ceased on November 1, 2022. CRA examination history below reflects the period it was active.

LEGACY BANK

ALTOONA, IA · Supervised by FDIC

Est. 1904FDIC #15,414RSSD: FDIC-15414F S BANCOR INC
Satisfactory

Current rating · Exam: August 2021

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Institution Profile

FDIC BankFind

Address

502 8th St Sw, ALTOONA, IA

County

Polk County

Established

January 1, 1904

Total Assets

$177M(latest call report)

Financial Snapshot

As of Q3 2022Call Report / FDIC

Total Assets

$177M

Total Deposits

$164M

Net Loans

$97M

Net Income

$890K

ROA

0.69%

ROE

10.18%

Risk-Based Capital

13.84%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

August 1, 2021

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

7 previous ratings locked — dating back to 1991

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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