Legacy National Bank
Springdale, Arkansas · FDIC Cert #57953
This is the FDIC profile for Legacy National Bank, an FDIC-insured bank (Certificate #57953) with $1.1B in total assets and $977M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Springdale, Arkansas, the bank maintains a Tier 1 capital ratio of 10.38% (Well-Capitalized) and a nonperforming loan ratio of 0.60%. BankHealthData assigns a composite Health Grade of C (64/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Legacy National Bank (FDIC cert 57953) is a mid-sized bank with $1.1B in total assets and $977M in deposits, based in Springdale, Arkansas. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is adequate: Tier 1 capital ratio of 10.38% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is normal: non-performing loan ratio of 0.60% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 15.5% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.64% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Legacy National Bank carries a composite BankHealth grade of C (64/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Legacy National Bank
- Total Assets
- $1.1B
- Total Deposits
- $977M
- Tier 1 Capital Ratio
- 10.38%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.60%
- Liquidity Ratio
- 15.50%
- Return on Assets
- 0.64%
- Headquarters
- Springdale, Arkansas
- FDIC Certificate
- #57953
- Health Grade
- C (64/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Legacy National Bank files quarterly Call Reports with the FDIC under Certificate #57953. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Legacy National Bank holds a Tier 1 capital ratio of 10.38%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Legacy National Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Legacy National Bank shows average financial health. While not alarming, its Health Score of 64/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Legacy National Bank Compares
Legacy National Bank’s Health Score of 64 is 14 points below the Arkansas state average of 78 across 57 FDIC-insured banks. Its 10.38% Tier 1 capital ratio is 3.6 points below the US banking industry average near 14%. The 0.60% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.64% is below the national ROA benchmark of ~1.1%. Among 988 similarly-sized banks, the average Health Score is 78, meaning this bank ranks below its size cohort. Site-wide, Legacy National Bank is 16 points below the portfolio average of 80.
Frequently Asked Questions
Legacy National Bank has a Bank Health Score of C (64/100), placing it in average financial health. It holds a Tier 1 capital ratio of 10.38%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Legacy National Bank's Tier 1 capital ratio of 10.38% and nonperforming loan ratio of 0.60% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Legacy National Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #57953). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Legacy National Bank holds $1.1B in total assets and $977M in total deposits. It is headquartered in Springdale, Arkansas (FDIC Certificate #57953).
Legacy National Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #57953 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Legacy National Bank has a Tier 1 capital ratio of 10.38%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.60%, and the return on assets is 0.64%.
Yes. Legacy National Bank is FDIC-insured (Certificate #57953). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Legacy National Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.