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LATROBE AREA HOSPITAL FEDERAL CREDIT UNION

Jun, 30, 2021 — LATROBE AREA HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in LATROBE, PA with 1 branch location and about $11.85 million in total assets. Opened 57 years ago in 1964, LATROBE AREA HOSPITAL FEDERAL CREDIT UNION has about 1,428 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:1,428
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:$11,850,151
CEO/Manager:Gregory Sisitki
Chairperson:Janell F Emery-Smith

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,289,247
TOTAL INVESTMENTS 4,563,563
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,097,845
 Other Loans 2,618,478
 TOTAL LOANS 4,716,323
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,533
 Land And Building 0
 Other Fixed Assets 29,334
 NCUSIF Deposit 97,482
 All Other Assets 167,735
  TOTAL ASSETS 11,850,151
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 44,721
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,010,546
 Regular shares 9,403,688
 All Other Shares & Deposits 158,224
  TOTAL SHARES & DEPOSITS 10,572,458
  TOTAL LIABILITIES 10,617,179
 Regular Reserve 144,250
 Other Reserves 0
 Undivided Earnings 1,088,722
  TOTAL EQUITY 1,232,972
  TOTAL LIABILITIES, SHARES, & EQUITY 11,850,151
INCOME & EXPENSE  
 Loan Income 154,896
 Investment Income 48,785
 Other Income 25,394
 Total Employee Compensation & Benefits 92,780
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 90,817
 Non-operating Income & (Expense) -976
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,797
 Cost of Funds 2,398
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 36,341
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