Call reports 2016
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2016
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 168,707,000 | 169,125,000 | 168,260,000 | 170,627,000 |
| Total loans | 70,250,000 | 68,743,000 | 67,341,000 | 68,545,000 |
| Allowance for loan losses | 384,000 | 384,000 | 384,000 | 387,000 |
| Securities available for sale | 121,000 | 167,000 | 142,000 | 8,392,000 |
| Securities held to maturity | 41,798,000 | 40,655,000 | 46,584,000 | 53,722,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,507,000 | 127,845,000 | 126,871,000 | 128,928,000 |
| Interest-bearing deposits | 126,043,000 | 126,364,000 | 124,984,000 | 126,841,000 |
| Noninterest-bearing deposits | 1,464,000 | 1,481,000 | 1,887,000 | 2,087,000 |
| Equity capital | 41,155,000 | 41,261,000 | 41,323,000 | 41,560,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 942,000 | 1,862,000 | 2,791,000 | 3,723,000 |
| Interest expense | 254,000 | 510,000 | 775,000 | 1,039,000 |
| Net interest income | 688,000 | 1,352,000 | 2,016,000 | 2,684,000 |
| Noninterest income | 2,000 | 5,000 | 9,000 | 12,000 |
| Noninterest expense | 571,000 | 1,140,000 | 1,705,000 | 2,314,000 |
| Provision for loan losses | 0 | 0 | 0 | 3,000 |
| Pretax income | 119,000 | 217,000 | 320,000 | 379,000 |
| Income tax | 32,000 | 55,000 | 79,000 | 89,000 |
| Net income | 87,000 | 162,000 | 241,000 | 290,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,133,000 | 41,209,000 | 41,288,000 | 41,337,000 |
| Total capital | 41,532,000 | 41,628,000 | 41,696,000 | 41,876,000 |
| Risk-weighted assets | 46,817,000 | 46,332,000 | 46,453,000 | 50,763,000 |