Call reports 2017
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2017
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 170,765,000 | 170,819,000 | 168,074,000 | 169,635,000 |
| Total loans | 70,621,000 | 69,671,000 | 67,736,000 | 69,185,000 |
| Allowance for loan losses | 385,000 | 385,000 | 385,000 | 385,000 |
| Securities available for sale | 8,072,000 | 7,051,000 | 13,176,000 | 12,543,000 |
| Securities held to maturity | 54,423,000 | 52,625,000 | 52,092,000 | 59,806,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,985,000 | 129,138,000 | 126,096,000 | 127,743,000 |
| Interest-bearing deposits | 127,063,000 | 126,990,000 | 124,529,000 | 125,875,000 |
| Noninterest-bearing deposits | 1,922,000 | 2,148,000 | 1,567,000 | 1,868,000 |
| Equity capital | 41,538,000 | 41,605,000 | 41,844,000 | 41,783,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 997,000 | 1,982,000 | 3,026,000 | 4,040,000 |
| Interest expense | 263,000 | 531,000 | 808,000 | 1,091,000 |
| Net interest income | 734,000 | 1,451,000 | 2,218,000 | 2,949,000 |
| Noninterest income | 4,000 | 4,000 | 58,000 | 60,000 |
| Noninterest expense | 597,000 | 1,193,000 | 1,783,000 | 2,401,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 141,000 | 262,000 | 493,000 | 608,000 |
| Income tax | 43,000 | 79,000 | 157,000 | 215,000 |
| Net income | 98,000 | 183,000 | 336,000 | 393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,435,000 | 41,521,000 | 41,673,000 | 41,730,000 |
| Total capital | 41,881,000 | 41,957,000 | 42,135,000 | 42,178,000 |
| Risk-weighted assets | 51,892,000 | 51,335,000 | 51,703,000 | 60,545,000 |