Legacy Bank & Trust Company
Mountain Grove, Missouri, Wright County
$1.8B in total assets, the 658th largest of 4,309 US banks and 21st of 195 headquartered in Missouri.
- FDIC certificate
- 22319
- Established
- 1907
- Owned by
- Southern Bcorp Inc
- Primary regulator
- FED
- Website
- www.legacybankandtrust.com
At a glance
Compared with 29 banks headquartered in Missouri with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.8B | 52% | $1.8B | |
| Loans | $1.5B | 55% | $1.2B | |
| Deposits | $1.5B | 55% | $1.4B | |
| Return on assets | 1.20% | 34% | 1.32% | |
| Net interest margin | 3.55% | 28% | 3.87% | |
| Efficiency ratio | 52.5% | 38% | 56.8% | |
| Equity to assets | 12.28% | 69% | 10.96% | |
| Loans to deposits | 96% | 55% | 93% |
Growth
Total assets grew 22.6% a year over the last 5 years and 28.2% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2018 | First National Bank of Clinton Clinton, MO | $76M |
| Mar 2005 | The Citizens Bank of Sparta Sparta, MO | $44M |
Where they operate
9 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Greene County, MO | $765M | 5.4% | 7 of 35 |
| Henry County, MO | $170M | 21.1% | 2 of 8 |
| Tulsa County, OK | $159M | 0.5% | 32 of 52 |
| Christian County, MO | $132M | 7.1% | 7 of 14 |
| Collin County, TX | $131M | 0.3% | 36 of 70 |
| Wright County, MO | $115M | 20.1% | 2 of 9 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 5 branches since 2016 (4 to 9, +125.0%). 6 opened, 3 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 4 | |||
| 2018 | Acquired First National Bank of Clinton | 3 | 0 | +3 | 7 |
| 2020 | Closed Clinton | 0 | 1 | −1 | 6 |
| 2021 | Sold 1 branch to Heritage Bank of the OzarksOpened Springfield, closed Mountain Grove | 1 | 2 | −1 | 5 |
| 2022 | Opened Tulsa | 1 | 0 | +1 | 6 |
| 2023 | Opened Fort Worth and Tulsa | 2 | 0 | +2 | 8 |
| 2024 | Opened Dallas and PlanoClosed Tulsa | 2 | 1 | +1 | 9 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Multifamily | 31% | 6% | |
| Construction and land | 31% | 10% | |
| Commercial real estate | 14% | 31% | |
| Business (C&I) | 12% | 18% | |
| 1-4 family residential | 10% | 21% | |
| Farmland | 3% | 6% | |
| Agricultural | 0% | 2% | |
| Consumer | 0% | 4% | |
| Other | 0% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 49% | 33% | |
| Other interest-bearing | 43% | 48% | |
| Noninterest-bearing | 8% | 19% |
Brokered deposits are 6.8% of deposits (peers 8.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.47% | 0.63% |
| Net charge-offs, annualized | 0.00% | 0.04% |
| Reserves to loans | 1.20% | 1.30% |
| Leverage ratio | 11.91% | 10.76% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Missouri
Largest competitors in Greene County, MO
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/legacy-bank-trust-mountain-grove-mo