Call reports 2014
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2014
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 174,722,000 | 173,701,000 | 171,011,000 | 170,034,000 |
| Total loans | 77,399,000 | 75,182,000 | 73,535,000 | 72,645,000 |
| Allowance for loan losses | 385,000 | 385,000 | 384,000 | 384,000 |
| Securities available for sale | 4,146,000 | 4,001,000 | 3,480,000 | 2,808,000 |
| Securities held to maturity | 44,665,000 | 45,323,000 | 47,990,000 | 44,697,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,223,000 | 133,184,000 | 130,362,000 | 129,265,000 |
| Interest-bearing deposits | 132,453,000 | 131,564,000 | 129,425,000 | 127,989,000 |
| Noninterest-bearing deposits | 1,770,000 | 1,620,000 | 937,000 | 1,276,000 |
| Equity capital | 40,335,000 | 40,489,000 | 40,568,000 | 40,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,059,000 | 2,097,000 | 3,105,000 | 4,103,000 |
| Interest expense | 246,000 | 493,000 | 742,000 | 989,000 |
| Net interest income | 813,000 | 1,604,000 | 2,363,000 | 3,114,000 |
| Noninterest income | 9,000 | 13,000 | 6,000 | 11,000 |
| Noninterest expense | 552,000 | 1,129,000 | 1,659,000 | 2,185,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 270,000 | 488,000 | 710,000 | 940,000 |
| Income tax | 89,000 | 158,000 | 228,000 | 301,000 |
| Net income | 181,000 | 330,000 | 482,000 | 639,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,149,000 | 40,298,000 | 40,450,000 | 40,607,000 |
| Total capital | 40,652,000 | 40,800,000 | 40,902,000 | 41,035,000 |
| Risk-weighted assets | 50,335,000 | 49,444,000 | 49,259,000 | 49,699,000 |