Legacy Bank
Grundy, VA
IDRSSD: 268828
Total Assets
$363.65M
Latest filing
Total Deposits
$287.28M
Latest filing
Net Interest Margin
3.23%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
051401153GRUNDY, VA
Key People
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Locations
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Main Office
Legacy Bank
20957 Riverside Dr
Grundy, VA 24614
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/21/1964FDIC Certificate 12852
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Legacy Bank (Main) | 20957 Riverside Dr | Grundy, VA |
| RIVERSIDE DRIVE BRANCH | 20957 Riverside Dr | Grundy, VA |
| ABINGDON BRANCH | 498 Cummings St | Abingdon, VA |
| CLINCH VALLEY BANK BRANCH | 12660 Governor G C Peery Hwy | Pounding Mill, VA |
Showing 3 of 3
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 01/21/1964 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 24614 |
| State and County Number | 51027 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 50 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/21/1964 |
| Primary Insurance Agency | DIF |
| Website | www.mylegacybank.net |
| Data Updated | 01/30/2026 |
| CERT | 19011 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $363.65M |
| Total Deposits | $287.28M |
| Total Liabilities | $300.69M |
| Total Equity Capital | $62.95M |
| Net Income | $792.00k |
| Net Loans and Leases | $233.80M |
| Assets Per Employee ($Millions) | $7.42M |
| Bank Premises and Fixed Assets | $6.48M |
| Cash and Balances due from Depository Institutions | $5.60M |
| Deposits Held in Domestic Offices | $287.28M |
Key Performance Ratios
| Return on Assets (ROA) | 0.88% |
| Return on Equity (ROE) | 5% |
| Net Interest Margin | 3.23% |
| Efficiency Ratio | 65.17% |
| Tier 1 Risk-Based Capital Ratio | 27.113% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 17.312% |
| Earning Assets to total Assets | 91.9% |
Income and Expense
| Total Interest Income | $4.22M |
| Total Noninterest Income | $69.00k |
| Total Interest Expense | $1.55M |
| Total Noninterest Expense | $1.78M |
| Net Interest Income | $2.67M |
| Pre-tax Net Operating Income | $999.00k |
| Provision for Credit Losses | $-45,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $1.03M |
| Other borrowed funds | $5.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $7.00M |
| All Other Liabilities | $915.00k |
| Total Liabilities and Capital | $363.65M |
Securities
| Securities | $98.52M |
| Available-for-sale debt securities | $98.52M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Legacy Bank?
$363.65M as of the latest filing.
How much are Legacy Bank's total deposits?
$287.28M in total deposits.
Where is Legacy Bank located?
Grundy, VA.
What is the Net Interest Margin?
3.23%.
How many domestic offices does it operate?
4.
When was it established?
01/21/1964.
What is the Return on Assets (ROA)?
0.88%.
How much are total loans and leases?
$233.80M (latest filing).
What is the total interest income (latest filing)?
$4.22M.