Call reports 2022
WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE — 2022
What WESTMORELAND FEDERAL SAVINGS AND LOAN ASSOCIATION OF LATROBE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 171,187,000 | 171,622,000 | 166,878,000 | 166,960,000 |
| Total loans | 74,596,000 | 77,023,000 | 76,866,000 | 75,812,000 |
| Allowance for loan losses | 410,000 | 411,000 | 417,000 | 417,000 |
| Securities available for sale | 4,648,000 | 4,157,000 | 3,777,000 | 3,550,000 |
| Securities held to maturity | 73,030,000 | 68,701,000 | 67,768,000 | 62,195,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,072,000 | 129,476,000 | 124,563,000 | 124,343,000 |
| Interest-bearing deposits | 126,851,000 | 127,063,000 | 122,178,000 | 121,857,000 |
| Noninterest-bearing deposits | 2,221,000 | 2,413,000 | 2,385,000 | 2,486,000 |
| Equity capital | 42,087,000 | 42,111,000 | 42,299,000 | 42,603,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 786,000 | 1,677,000 | 2,722,000 | 3,901,000 |
| Interest expense | 93,000 | 175,000 | 256,000 | 412,000 |
| Net interest income | 693,000 | 1,502,000 | 2,466,000 | 3,489,000 |
| Noninterest income | 3,000 | 23,000 | 60,000 | 64,000 |
| Noninterest expense | 646,000 | 1,286,000 | 1,936,000 | 2,569,000 |
| Provision for loan losses | 1,000 | 1,000 | 8,000 | 8,000 |
| Pretax income | 45,000 | 201,000 | 554,000 | 945,000 |
| Income tax | -7,000 | 29,000 | 119,000 | 219,000 |
| Net income | 52,000 | 172,000 | 435,000 | 726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,139,000 | 42,259,000 | 42,522,000 | 42,813,000 |