# UNITED LEGACY BANK
WINTER PARK, FL · FDIC certificate 57164 · asset band <$300M · latest filing 2014-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $227.1M | |
| Deposits | $196.9M | |
| Loans and leases | $151.8M | |
| Total equity | $30.0M | |
| Loans / deposits | 77.08% (p60 of band) | 71.50% |
| Liquid assets / assets | 22.26% (p25 of band) | |
| Uninsured deposits / deposits | 27.96% (p89 of band) | 13.21% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.60% (p16 of band) | 10.45% |
| Unrealized securities loss / equity | 0.00% (p33 of band) | 0.49% |
| AOCI / equity | 0.00% (p18 of band) | |
| ROA (annualized) | 0.01% (p8 of band) | 0.81% |
| Net interest margin | 0.15% (p1 of band) | 3.66% |
| Efficiency ratio | 84.36% (p74 of band) | |
| Noncurrent loans | 0.92% (p55 of band) | 0.76% |
| Net charge-offs (annualized) | 0.00% (p24 of band) | |
| Reserve coverage of noncurrent | 0.00% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 30.02% (p67 of band) | |
| Auto loans | $630,000 (0.42% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $899,000 (3% of equity) (p97 of band) | |
| Deposits YoY | 6.7% | |
| Employees | 37 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 | capital falling | losing money |
| 2012-06 | 2 |  | capital falling |
| 2012-09 | 2 |  |  |
| 2012-12 | 1 |  | expense ratio p90 |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | capital falling |
| 2014-12 | 2 | NIM <2.5% |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2017-11-08 [Well-known community banker David Powers dies - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxObnhXUW1wbTZ5Wm1Ibi1YRGpjbk5VSWVodXJzLTdlNWZsdzIwcDRzQktISG8wV2VNalZSaWdLNnhQUkR0OVJ6dDBjdVZkRkFJSmlOR1NmOVV5TEhrd3hVY1VCYkctZldrb05VdkEwMndjSXZWdmxSd0thYml0MHVDcFFTMER3d3Vub2xMV3hIcHNMVVVHUmJSQkdMZ0pVYTZrWDYxVA?oc=5) · The Business Journals
- 2017-04-25 [Patriot Bank Enters into Definitive Agreement to Join National Commerce Corporation - Florida Trend](https://news.google.com/rss/articles/CBMixgFBVV95cUxQbi1NVG9wQ3QxcWpCZ2t1eW5OMGtTeGFyaDI5b1RuOS11dWM5R2JWYk1DUVJiTWRhcnR3MjJtcUhWWHQ2UkEtQ1NJeFVCNWNIU0FzZEgtRHg5SjQ1TDhNQ3JwcGZvQnczRGk3R2xBVTJKTHExVkhPeDROOWFLcFd1bVgzbnNJWDU2Vk9yNlNIUFhQWkhFS1JmVHRwX0psd0VGZDI3czdxdFY3REJzNE1rZ1lzRFVZLTF6YVFzWk1yek5Sa25nWVE?oc=5) · Florida Trend
- 2018-01-09 [Finexio, the Smart B2B Payment Network, Completes $4M Series A Financing - Newswire.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxNbGtvUEtzR3Vudmt3TXMxTnBId0M3WDR0SHNwc0FGRVF4dkJzdGhJRFFJOE16Rm10eEQ1R2VQR2kwSVZFaUZLanV0MnFSZGdJWlhNTGtnY2dDM2Ffam9tZFNSWmNremJfMVdadm9INXNRNExmZ1RWWFNzV2dvMXZ3UTdoTlBzOWNaNENfRkVVOUs3bzJSaW54VFBuZmlMeFY3dmZJVDV3OGFjUkp0?oc=5) · Newswire.com
- 2021-10-01 [David Powers Obituary (2017) - Sanford, FL - Orlando Sentinel - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxOZHRKX3Exc3lSRV9uRzFGRmFHSTV3WmtIZHc4Qmc3dktlbkZNcUhLd1hOdVJiUHZ0RUdnQXlmREhCQWZheTRCQy0wWlNrYkt3WEp6T3Z5ejZWazBHZ0pkQUtHYmtMSm9XSHN2ZGJrTlJya19SV1IzamEyN01HWnl2aW5lbmRyMHc1OTh2SldTT05KRnBWb2c?oc=5) · legacy.com
- 2018-08-01 [National Commerce Corporation Announces Closing of Merger with Landmark Bancshares, Inc. - GlobeNewswire](https://news.google.com/rss/articles/CBMi9AFBVV95cUxPSzJaYmZ1OXU4c2p6cW15djhJOWg1RU5qUFNlcjVIYnV4ekdFdm96OWQ3bTJEenZXXzhXYWZOQ0xmcGhvRkNhaXlPZjAyWE5kUnBqNWlvdXNVRnRVTDR2dWItWC1ackFVMm95YzBrdVI1TmJORjlCSERZalo3ekxZNTFIVWM5SlRuYktHbmhicHdTMURiUkZPQ01wVU8tR2hUVGtnenE5OUpjU2RCX0FuNzJZdEREUFlsYW9weXRUbFhnR0xkbUJBNHlqV1cyb282UkVkc25tMC1PdzNvY3dMMUN3N3g1SVZnRUE4SmI3Y0pzaG5a?oc=5) · GlobeNewswire
- 2015-07-08 [National Bank of Commerce to acquire Reunion Bank of Florida - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxPOHVObndxZUFCOW05NjhMR1RsQmF6c09XYzNoeU5nbmZJNFJ3SlQ1bXk3cU0yMlZoWnhaM1pvSzRHQlgzTWpzLW8tUGFyX1NXOFRYellIOUtmRHdvX284REEwSDV1RWtVaEFMUWM2M2dXQTJKNWtVbEZNczRNZVM3YURYS19RU0ZwSlF3TlJZalBjNG5iXzZnZ1F6aTZDdDdHRy1OanZkN2ZwWmRkZmc?oc=5) · The Business Journals
- 2018-03-10 [Marshall Vermillion Obituary - Raleigh, NC - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQZ3ppRXhFMGt1WFhBbGk4SkphVnFSZ19QXy0xbDVWQzFBaTFCNFlyMWhBN29MQkJ4R0lVeDd4ejBwUGo4V21IMU1ITnVMRk1wVW40aDhzd1dqSTdkZ0hCYWRmYXE0VFYzMDVBVC1fQ0V4eWtFYmVmbTFGTUtOSE50TDJwblBPYUEx?oc=5) · Dignity Memorial
- 2015-06-10 [Oscar Limonta Obituary (2015) - Orlando, FL - Orlando Sentinel - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxOeUNvS05MQWx1YUlfbXVsbi1hZE5KSVd3czVSRVEzTmVyZ2RvdHRDanRNZ2E0ZDcyUTl4VVhReDU0N29xSHZabzJ3aG8tem5VWkhRWVBseC03SVF5NWtXdzJmUHAxTzdmZE5aTmFINDE5amtlQWlSRGFNS3EtUXlBN3lKWGM4bXV5TzZia3cwcnMxNTloTWxB?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57164 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/12.json (key "57164", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide