Call reports 2019
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2019
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 172,361,000 | 171,936,000 | 171,518,000 | 172,696,000 |
| Total loans | 67,118,000 | 66,161,000 | 64,118,000 | 66,831,000 |
| Allowance for loan losses | 385,000 | 385,000 | 385,000 | 385,000 |
| Securities available for sale | 12,059,000 | 11,676,000 | 11,198,000 | 10,558,000 |
| Securities held to maturity | 65,305,000 | 63,464,000 | 72,708,000 | 57,786,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,812,000 | 129,388,000 | 128,804,000 | 129,971,000 |
| Interest-bearing deposits | 127,839,000 | 126,703,000 | 126,734,000 | 127,500,000 |
| Noninterest-bearing deposits | 1,973,000 | 2,685,000 | 2,070,000 | 2,471,000 |
| Equity capital | 42,323,000 | 42,527,000 | 42,639,000 | 42,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,170,000 | 2,321,000 | 3,490,000 | 4,596,000 |
| Interest expense | 400,000 | 841,000 | 1,308,000 | 1,780,000 |
| Net interest income | 770,000 | 1,480,000 | 2,182,000 | 2,816,000 |
| Noninterest income | 4,000 | 16,000 | 20,000 | 26,000 |
| Noninterest expense | 670,000 | 1,306,000 | 1,931,000 | 2,569,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 104,000 | 190,000 | 271,000 | 273,000 |
| Income tax | 20,000 | 34,000 | 48,000 | 40,000 |
| Net income | 84,000 | 156,000 | 223,000 | 233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,217,000 | 42,289,000 | 42,356,000 | 42,365,000 |
| Total capital | 42,672,000 | 42,740,000 | 42,847,000 | 42,832,000 |
| Risk-weighted assets | 64,379,000 | 62,501,000 | 71,504,000 | 67,943,000 |