Call reports 2013
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2013
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 174,986,000 | 174,967,000 | 172,307,000 | 172,834,000 |
| Total loans | 80,762,000 | 81,529,000 | 80,162,000 | 79,134,000 |
| Allowance for loan losses | 385,000 | 385,000 | 385,000 | 385,000 |
| Securities available for sale | 61,000 | 122,000 | 114,000 | 2,214,000 |
| Securities held to maturity | 34,772,000 | 40,956,000 | 46,784,000 | 48,411,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,491,000 | 135,340,000 | 132,455,000 | 132,642,000 |
| Interest-bearing deposits | 133,343,000 | 133,258,000 | 130,584,000 | 131,281,000 |
| Noninterest-bearing deposits | 2,148,000 | 2,082,000 | 1,871,000 | 1,361,000 |
| Equity capital | 39,353,000 | 39,573,000 | 39,788,000 | 40,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,096,000 | 2,181,000 | 3,315,000 | 4,407,000 |
| Interest expense | 280,000 | 556,000 | 823,000 | 1,080,000 |
| Net interest income | 816,000 | 1,625,000 | 2,492,000 | 3,327,000 |
| Noninterest income | 5,000 | 20,000 | 39,000 | 44,000 |
| Noninterest expense | 514,000 | 1,062,000 | 1,614,000 | 2,159,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 307,000 | 583,000 | 917,000 | 1,212,000 |
| Income tax | 110,000 | 207,000 | 320,000 | 419,000 |
| Net income | 197,000 | 376,000 | 597,000 | 793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,353,000 | 39,551,000 | 39,771,000 | 39,967,000 |
| Total capital | 39,738,000 | 39,951,000 | 40,167,000 | 40,430,000 |
| Risk-weighted assets | 51,409,000 | 51,546,000 | 50,981,000 | 53,035,000 |