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LATROBE AREA HOSPITAL FEDERAL CREDIT UNION

Sep, 30, 2021 — LATROBE AREA HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in LATROBE, PA with 1 branch location and about $11.92 million in total assets. Opened 58 years ago in 1964, LATROBE AREA HOSPITAL FEDERAL CREDIT UNION has about 1,411 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LATROBE AREA HOSPITAL FEDERAL CREDIT UNION
Address:
(Main Office)
121 W 2ND AVE
LATROBE, PA 15650
Phone:(724) 539-8820
Fax:(724) 539-8834
Website:http://www.lahcreditunion.com
Branches:1 branch locations
Members:1,411
Credit Union Type:Federal Credit Union
Charter Number:16209
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1964
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$11,916,844
CEO/Manager:Gregory Sisitki
Chairperson:Janell F Emery-Smith

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,798,942
TOTAL INVESTMENTS 4,338,563
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,921,407
 Other Loans 2,600,033
 TOTAL LOANS 4,521,440
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,644
 Land And Building 0
 Other Fixed Assets 24,894
 NCUSIF Deposit 97,482
 All Other Assets 152,167
  TOTAL ASSETS 11,916,844
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,775
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,002,292
 Regular shares 9,479,663
 All Other Shares & Deposits 154,126
  TOTAL SHARES & DEPOSITS 10,636,081
  TOTAL LIABILITIES 10,664,856
 Regular Reserve 144,250
 Other Reserves 0
 Undivided Earnings 1,107,738
  TOTAL EQUITY 1,251,988
  TOTAL LIABILITIES, SHARES, & EQUITY 11,916,844
INCOME & EXPENSE  
 Loan Income 228,865
 Investment Income 71,953
 Other Income 39,233
 Total Employee Compensation & Benefits 138,787
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 137,455
 Non-operating Income & (Expense) -1,218
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 19,501
 Cost of Funds 3,343
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 55,357
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