Call reports 2018
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2018
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 171,044,000 | 168,566,000 | 167,476,000 | 169,289,000 |
| Total loans | 68,432,000 | 69,038,000 | 68,655,000 | 68,501,000 |
| Allowance for loan losses | 385,000 | 385,000 | 385,000 | 385,000 |
| Securities available for sale | 13,688,000 | 13,074,000 | 12,415,000 | 12,167,000 |
| Securities held to maturity | 63,430,000 | 57,004,000 | 53,966,000 | 62,591,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,280,000 | 126,887,000 | 125,747,000 | 127,231,000 |
| Interest-bearing deposits | 126,967,000 | 125,152,000 | 124,340,000 | 125,459,000 |
| Noninterest-bearing deposits | 2,313,000 | 1,735,000 | 1,407,000 | 1,772,000 |
| Equity capital | 41,591,000 | 41,659,000 | 41,672,000 | 41,934,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,061,000 | 2,137,000 | 3,225,000 | 4,332,000 |
| Interest expense | 291,000 | 604,000 | 954,000 | 1,327,000 |
| Net interest income | 770,000 | 1,533,000 | 2,271,000 | 3,005,000 |
| Noninterest income | 10,000 | 13,000 | 17,000 | 35,000 |
| Noninterest expense | 630,000 | 1,255,000 | 1,870,000 | 2,521,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 150,000 | 291,000 | 418,000 | 519,000 |
| Income tax | 31,000 | 61,000 | 87,000 | 106,000 |
| Net income | 119,000 | 230,000 | 331,000 | 413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,839,000 | 41,950,000 | 42,050,000 | 42,133,000 |
| Total capital | 42,239,000 | 42,360,000 | 42,452,000 | 42,521,000 |
| Risk-weighted assets | 64,990,000 | 59,506,000 | 54,604,000 | 61,537,000 |