Legends Bank, Financial Information

AboutLegends Bank

 Address:
200 East Main Street
Linn,MO
Osage County,Missouri
 Established:
Mar 1913
 Number of domestic offices:
11
Total assets$453M
Net income$7M
Net income,quarterly$2M
Total deposits$382M
Domestic deposits$382M
Equity capital$64M
ROA1.6%
ROAQ,quarterly1.42%
ROA,pretax1.42%
ROAQ,quarterly,pretax1.83%
ROE11.24%
ROEQ,quarterly10.13%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

What today is Legends Bank was established in 1913 in the community of Rich Fountain, Missouri, as the Rich Fountain Bank. It was one of the few banks in Osage County to survive the Great Depression. In fact, its move to Linn in 1936 was the result of the failure of all of the banks which had been operating in Linn, and the Missouri bank commissioner's subsequent request to the Board of the Rich Fountain Bank to move the bank so that the county seat of Osage County would have a financial institution. Operations being a little simpler then than they are now, it is said that the move was accomplished by loading everything that was needed in the trunk of a car, with the bank reopening the next business day in its new town and under a new name.

As Legends Bank celebrates its 100th anniversary, it continues to look for better ways to serve its expanding list of customers. It has seen substantial physical growth in the last 40 years, opening new facilities in Westphalia in 1973 in Belle in 1992, in Rolla in 2011, and adding a drive through branch in East Linn in 1983. Locations in Loose Creek and Taos were added by virtue of the bank's merger in 1997 with the former Heritage Bank.

Expansion continued into Owensville, Bland and Union with the 2003 merger with the former Charter 1 Bank, bringing to nine the total number of facilities operated by the bank. Twenty-four hour banking is offered by a growing number of ATMs operated by the bank, with machines now at the bank's Westphalia, East Linn, Belle, Loose Creek, Taos, Owensville, Union and Rolla branches, with additional ATMs located in the Linn Thriftway Supermarket, Linn State Technical College Technology Center, and the Bland Corner Market. The bank also offers a very popular automated telephone banking service, TeleBank, and of course offers a fully interactive internet banking service.

Bland
202 N. Main St
Bland, Mo. 65014
phone: 573-646-3600
fax: 573-646-9946

Taos
8201 Rt M
Jefferson City, Mo. 65101
phone: 573-395-4327
fax: 573-395-3352

Westphalia
1950 Highway 63
P.O. Box 86
Westphalia, Mo. 65085
phone: 573-455-2358
fax: 573-455-2318

East Linn
1217 E. Main
Linn, Mo. 65051
phone: 573-897-2919
fax: 573-897-4202

Owensville
602 E. Hwy. 28,
Owensville, Mo. 63084
phone: 573-437-2122
fax: 573-437-5265

Union
410 Hwy. 50 E.
Union, Mo. 63084
phone: 636-583-7828
fax: 636-583-6795