Total Assets
$104M
Total balance-sheet footings
FDIC Cert #59204 · Murrieta, California · Est. 2022
Legacy Bank - FDIC Bank Health Profile
This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.
- $104M
- Total assets
- D
- Health grade · Weak
- -3.88%
- Return on assets
- 10.4%
- Tier 1 capital
Data updated July 2026
The verdict
Legacy Bank earns a PlainBankData health grade of D (44/100), with well-capitalized at 10.38% Tier 1, -3.88% ROA, 179% efficiency ratio.
- #3,707
- largest of 4,313 FDIC banks by assets
- 14th
- percentile by asset size, nationally
- 10.38%
- Tier 1 ratio - above the 10% well-capitalized line
- 0th
- percentile for profitability (ROA), nationally
A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.
How Legacy Bank's 44/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Legacy Bank's composite health score
Tier 1 Capital Ratio (10.38%) 28/40
Return on Assets (ROA) (-3.88%) 0/25
Texas Ratio (5.56%) 16/20
Efficiency Ratio (178.72%) 0/15
44 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$88M
Customer-funded liabilities
Net Loans
$75M
Outstanding loan book
Net Income
$-3,548K
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Legacy Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Legacy Bank's score of 44/100 falls in the highlighted band.
Legacy Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Legacy Bank's $104M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
10.38% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
10.38%
Texas Ratio
5.56%
Equity Capital
$11M
Profitability metrics
Return on Assets (ROA)
0th percentile nationally
-3.88%
Return on Equity (ROE)
-30.95%
Efficiency Ratio
178.72%
What the numbers say about Legacy Bank
Legacy Bank is an FDIC-insured institution (Certificate #59204) headquartered in Murrieta, California, established in 2022. It holds $104M in total assets - 3,707th of 4,313 FDIC-insured banks, $88M in customer deposits, and $75M in net loans. Its capital position: a Tier 1 ratio of 10.38%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 5.56% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of D (44 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Legacy Bank is a community-scale institution -- 116th of 121 FDIC-insured banks headquartered in California by asset size. Its modest footprint doesn't diminish its role: community banks this size are typically the primary lender for small local businesses and agricultural borrowers that larger regional banks tend to underserve.
Income & expense breakdown
$6M
Interest Income
$292K
Non-Interest Income
$7M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Legacy Bank reports a Texas Ratio of 5.56% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
5.56% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
What to watch at Legacy Bank
Legacy Bank's grade of D reflects specific pressure points in the FDIC Call Report. The bank reported negative net income of $-3,548K for the period, a loss that, if sustained, erodes the equity cushion.
Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at Legacy Bank up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.
Top banks in California by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Legacy Bank (FDIC Cert #59204) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in California
All California banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| City National BankLos Angeles | $98.4B | A | 0.95% |
| East West BankPasadena | $79.7B | A | 1.72% |
| Banc of CaliforniaLos Angeles | $34.7B | B | 0.78% |
| Axos BankSan Diego | $27.2B | A | 1.77% |
| Cathay BankLos Angeles | $24.2B | A | 1.38% |
| Mechanics BankWalnut Creek | $22.4B | A | 1.44% |
| Bank of HopeLos Angeles | $18.5B | B | 0.42% |
| Citizens Business Bank, National AssociationOntario | $15.6B | A | 1.39% |
Frequently asked questions
What is Legacy Bank's health grade?▼
Legacy Bank receives a health grade of D (44/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows notable financial weaknesses. Your deposits remain FDIC-insured up to $250,000.
How large is Legacy Bank?▼
Legacy Bank holds $104M in total assets and $88M in deposits, ranking 3,707th of 4,313 FDIC-insured banks by asset size. It is headquartered in Murrieta, California.
Is my money safe at Legacy Bank?▼
Yes, deposits at Legacy Bank (Certificate #59204) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Legacy Bank's Tier 1 Capital Ratio?▼
Legacy Bank has a Tier 1 Capital Ratio of 10.38%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Legacy Bank?▼
Legacy Bank has a Texas Ratio of 5.56%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Legacy Bank?▼
Legacy Bank has an Efficiency Ratio of 178.72%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Legacy Bank's profile as a depositor or analyst.
- Legacy Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Legacy Bank against other California banks before moving funds. California banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.