LegacyTexas Financial Group, Inc. Exhibit
EX-99.1 2 exhibit991-q22017earningsc.htm EXHIBIT 99.1 Exhibit                                                  Exhibit 99.1                    FOR IMMEDIATE RELEASEJuly 5,…
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About LEGACYTEXAS FINANCIAL GROUP, INC. (NASDAQ:LTXB)

LegacyTexas Financial Group, Inc. is a bank holding company. LegacyTexas Bank is its wholly owned principal operating subsidiary. The Company is engaged in attracting retail deposits from the general public and the business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one- to four-family residences and consumer loans. The Warehouse Purchase Program allows mortgage banking company customers to close one- to four-family real estate loans in their own name and manage its cash flow needs until the loans are sold to investors. The Company offers insurance and title services, as well as brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement.