Dec, 31, 2023 — PATTERSON FEDERAL CREDIT UNION is a federal credit union headquartered in ARKADELPHIA, AR with 1 branch location and about $33.69 million in total assets. Opened 67 years ago in 1957, PATTERSON FEDERAL CREDIT UNION has about 3,734 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PATTERSON FEDERAL CREDIT UNION |
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Address: (Main Office) | 124 WP Malone Dr ARKADELPHIA, AR 71923 |
Phone: | (870) 246-8005 |
Fax: | (870) 246-8006 |
Website: | https://www.pfcuonline.org |
Branches: | 1 branch locations |
Members: | 3,734 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11902 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $33,689,196 |
CEO/Manager: | Shawn Cowart |
Chairperson: | Troy D Tucker |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,899,328 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 21,780 |
Unsecured Loans | 2,153,526 |
Other Loans | 19,103,736 |
TOTAL LOANS | 21,279,042 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -58,203 |
Land And Building | 889,870 |
Other Fixed Assets | 19,783 |
NCUSIF Deposit | 280,944 |
All Other Assets | 0 |
TOTAL ASSETS | 33,689,196 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 137,342 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,481,588 |
Regular shares | 15,136,146 |
All Other Shares & Deposits | 8,505,226 |
TOTAL SHARES & DEPOSITS | 29,122,960 |
TOTAL LIABILITIES | 29,260,302 |
Regular Reserve | 0 |
Other Reserves | 295,582 |
Undivided Earnings | 4,133,312 |
TOTAL EQUITY | 4,428,894 |
TOTAL LIABILITIES, SHARES, & EQUITY | 33,689,196 |
INCOME & EXPENSE | |
Loan Income | 1,377,494 |
Investment Income | 401,793 |
Other Income | 527,072 |
Total Employee Compensation & Benefits | 483,194 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 906,877 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 88,792 |
Cost of Funds | 239,541 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 731,202 |
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