Call reports 2021
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2021
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 172,892,000 | 171,745,000 | 168,947,000 | 170,370,000 |
| Total loans | 72,714,000 | 74,975,000 | 75,912,000 | 76,168,000 |
| Allowance for loan losses | 403,000 | 403,000 | 405,000 | 409,000 |
| Securities available for sale | 7,118,000 | 6,422,000 | 5,842,000 | 5,293,000 |
| Securities held to maturity | 54,012,000 | 59,360,000 | 63,558,000 | 70,694,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,489,000 | 129,430,000 | 126,692,000 | 128,127,000 |
| Interest-bearing deposits | 128,085,000 | 127,147,000 | 124,868,000 | 125,937,000 |
| Noninterest-bearing deposits | 2,404,000 | 2,283,000 | 1,824,000 | 2,190,000 |
| Equity capital | 42,369,000 | 42,299,000 | 42,237,000 | 42,229,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 738,000 | 1,508,000 | 2,286,000 | 3,047,000 |
| Interest expense | 210,000 | 380,000 | 512,000 | 616,000 |
| Net interest income | 528,000 | 1,128,000 | 1,774,000 | 2,431,000 |
| Noninterest income | 5,000 | 11,000 | 17,000 | 22,000 |
| Noninterest expense | 611,000 | 1,253,000 | 1,904,000 | 2,514,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 7,000 |
| Pretax income | -103,000 | -194,000 | -252,000 | -204,000 |
| Income tax | -30,000 | -58,000 | -77,000 | -67,000 |
| Net income | -73,000 | -136,000 | -175,000 | -137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,150,000 | 42,088,000 | 42,049,000 | 42,087,000 |