Call reports 2015
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2015
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 169,934,000 | 168,952,000 | 167,280,000 | 169,097,000 |
| Total loans | 71,529,000 | 71,293,000 | 73,665,000 | 72,366,000 |
| Allowance for loan losses | 384,000 | 384,000 | 384,000 | 384,000 |
| Securities available for sale | 1,165,000 | 308,000 | 199,000 | 146,000 |
| Securities held to maturity | 46,369,000 | 42,251,000 | 44,835,000 | 44,355,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,077,000 | 127,996,000 | 126,192,000 | 127,921,000 |
| Interest-bearing deposits | 127,470,000 | 126,424,000 | 125,332,000 | 126,626,000 |
| Noninterest-bearing deposits | 1,607,000 | 1,572,000 | 860,000 | 1,295,000 |
| Equity capital | 40,827,000 | 40,921,000 | 41,028,000 | 41,085,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 966,000 | 1,899,000 | 2,842,000 | 3,790,000 |
| Interest expense | 244,000 | 491,000 | 737,000 | 991,000 |
| Net interest income | 722,000 | 1,408,000 | 2,105,000 | 2,799,000 |
| Noninterest income | 4,000 | 9,000 | 9,000 | 14,000 |
| Noninterest expense | 525,000 | 1,079,000 | 1,619,000 | 2,193,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 201,000 | 338,000 | 495,000 | 620,000 |
| Income tax | 63,000 | 101,000 | 147,000 | 181,000 |
| Net income | 138,000 | 237,000 | 348,000 | 439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,745,000 | 40,844,000 | 40,955,000 | 41,047,000 |
| Total capital | 41,182,000 | 41,278,000 | 41,389,000 | 41,457,000 |
| Risk-weighted assets | 55,200,000 | 48,005,000 | 48,055,000 | 47,842,000 |