Legacy State Bank: how it compares with its peers
Against 58 GA banks with half to twice its assets, Legacy State Bank's strongest measure in Q2 2026 is assets per employee ($8.6M vs. a $6.6M peer median). Its weakest relative measure is net interest margin (4.05% vs. 4.65%).
| Measure | Legacy State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.11% | 1.53% | Bottom third Ahead of 29% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.05% | 4.65% | Bottom third Ahead of 28% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.18% | 59.94% | Middle third Ahead of 36% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.6M | $6.6M | Top third Ahead of 83% of peers |
| Loans to deposits Net loans and leases over total deposits. | 85.22% | 75.64% | Context |
What it means for lending operations
Its efficiency ratio of 62.18% is above the 59.94% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- The Citizens Bank of Cochran Cochran, GA · $201M
- Vidalia Federal Savings Bank Vidalia, GA · $212M
- Magnolia State Bank Eastman, GA · $199M
- First Bank of Coastal Georgia Pembroke, GA · $216M
- Mount Vernon Bank Mount Vernon, GA · $218M
- Peoples Bank Lyons, GA · $192M
Questions about Legacy State Bank
How big is Legacy State Bank?
Legacy State Bank, established in 2005, is headquartered in Loganville, GA. It reported $206M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Legacy State Bank's return on assets?
1.11% annualized in Q2 2026, against a 1.53% median for 58 GA banks with half to twice its assets, ahead of 29% of them.
What is Legacy State Bank's efficiency ratio?
62.18% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 59.94%, and lower is better.
Is Legacy State Bank growing its loans?
Net loans grew 19.8% over the year to Q2 2026, while deposits grew 15.7%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are GA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Georgia bank ranked.