Then NCUA provides quarterly Call Reports using accounting and statistical information from each credit union. The Call Report includes Balance Sheet, Income Statement and more.
Statement of financial condition for C-PLANT FEDERAL CREDIT UNION as of: December 31, 2023.
Charter Number: 7524
| ASSETS | $ Amount |
|---|---|
| CASH: | |
| 1. Cash on Hand | 3,339,502 |
| 2. Cash on Deposit (Amounts Deposited in Financial Institutions) | 18,815,196 |
| 3. Cash Equivalents (Investments with Original Maturities of Three Months or Less) | 0 |
| INVESTMENTS: | |
| 4. Equity Securities | 0 |
| 5. Trading Debut Securities | 0 |
| 6. Available-for-Sale Debt Securities | 19,285,280 |
| 7. Held-to-Maturity Debt Securities | 0 |
| 8. Deposits in commercial banks, S&Ls, savings banks | 0 |
| 9. Loans to and investments in natural person credit unions | 0 |
| 10. Nonperpetual Capital Account | 0 |
| 11. Perpetual Contributed Capital | 524,122 |
| 12. All other investments in corporate credit unions | 0 |
| 13. All other investments | 0 |
| 14. TOTAL INVESTMENTS | 0 |
| LOANS HELD FOR SALE: | |
| 15. Loans Held for Sale | 0 |
| LOANS AND LEASES: | |
| 16. TOTAL LOANS & LEASES | 136,290,441 |
| 17. Less: Allowance for Loan & Lease Losses | 0 |
| 18: Less: Allowance for Credit Losses on Loans & Leases | 503,559 |
| OTHER ASSETS: | |
| 19. Foreclosed and Repossessed Assets | 21,866 |
| 20. Land and Building | 4,629,776 |
| 21. Other Fixed Assets | 477,358 |
| 22. NCUA Share Insurance Capitalization Deposit | 2,164,131 |
| 23. Intangible Assets | 0 |
| 24. Other Assets | 0 |
| 25. TOTAL ASSETS | 282,038,568 |
| LIABILITIES | $ Amount |
|---|---|
| 1. Draws Against Lines of Credit | 0 |
| 2. Other Notes, Promissory Notes and Interest Payable | 0 |
| 3. Borrowing Repurchase Transactions | 0 |
| 4. Subordinated Debt | 0 |
| 5. Subordinated Debt included in Net Worth | 0 |
| 6. TOTALS | 0 |
| 7. Non-Trading Derivative Liabilities | 0 |
| 8. Accrued Dividends & Interest Payable on Shares & Deposits | 0 |
| 9. Accounts Payable and Other Liabilities | 2,333,555 |
| 10. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures | 0 |
| SHARES/DEPOSITS: | |
| 11. Share Drafts | 58,478,920 |
| 12. Regular Shares | 104,520,663 |
| 13. Money Market Shares | 0 |
| 14. Share Certificates | 65,619,954 |
| 15. IRA/KEOGH Accounts | 8,546,330 |
| 16. All Other Shares | 0 |
| 17. TOTAL SHARES | 237,165,867 |
| 18. Nonmember Deposits | 247,000 |
| 19. TOTAL SHARES AND DEPOSITS | 237,412,867 |
| 20. TOTAL LIABILITIES | |
| 21. Accounts Held by Member Public Units | 1,067,861 |
| 22. Accounts Held by Nonmember Public Units | 0 |
| 23. Employee Benefit Member Shares | 0 |
| 24. Employee Benefit Nonmember Shares | 0 |
| 25. 529 Plan Member Deposits | 0 |
| 26. Non-dollar denominated deposits | 0 |
| 27. Health Savings Account | 0 |
| 28. Dollar Amount of Share Certificates equal to or greater than $100,000 (Excluding brokered share certificates participated out by the broker in shares of less than $100,000) | 34,389,978 |
| 29. Dollar Amount of IRA/Keogh Accounts equal to or greater than $100,000 | 3,335,411 |
| 30. Dollar Amount of Share Drafts Swept to Regular Shares or Money Market Accts as part of Sweep Program | 0 |
| 31. Dollar Amount of Commercial Share Accounts | 13,010,594 |
| 32. Negative Shares Included in All Other Unsecured Loans/Lines of Credit | 44,642 |
| EQUITY: | |
| 33. Undivided Earnings | 42,716,745 |
| 34. Regular Reserves | 0 |
| 35. Appropriation for Non-Conforming Investments (State Credit Unions ONLY) | 0 |
| 36. Other Reserves.(Appropriations of Undivided Earnings) | 0 |
| 37. Equity Acquired in Merger | 0 |
| 38. Miscellaneous Equity | 0 |
| 39. Other Comprehensive Income (not already included in items 40 - 43) | 0 |
| 40. Accumulated Unrealized Net Gains (Losses) on Cash Flow Hedges | 0 |
| 41. Accumulated Unrealized Gains (Losses) on Available for Sale Debt Securities | -424,599 |
| 42. Accumulated Unrealized Losses for OTTI (Due to Other Factors) on HTM Debt Securities | 0 |
| 43. Net Income (unless this amount is already included in Undivided Earnings) | 0 |
| 44. TOTAL LIABILITIES, SHARES, AND EQUITY | 282,038,568 |
| Statement of Income & Expense | $ Amount |
|---|---|
| INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE | |
| 1. Interest on Loans (Gross-before interest refunds) | 6,823,100 |
| 2. (Less) Interest Refunded | 0 |
| 3. Income from Investments (Including Interest and Dividends, excluding securities held in a trading account) | 3,398,966 |
| 4. Unrealized Gain (Loss) due to change in fair value of Equity and Trading Debt Securities | 0 |
| 5. TOTAL INTEREST INCOME | 10,222,066 |
| INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE | |
| 6. Dividends on Shares (Includes dividends earned during current period) | 2,031,111 |
| 7. Interest on Deposits (Total interest expense for deposit accounts) (State Credit Union ONLY) | 0 |
| 8. Interest on Borrowed Money | 2,755 |
| 9. TOTAL INTEREST EXPENSE | 2,033,866 |
| 10. Provision for Loan & Lease Losses | 0 |
| 11. Total Credit Loss Expense | 109,000 |
| 12. NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES or CREDIT LOSS EXPENSE | 0 |
| NON-INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE | |
| 13. Fee Income | 2,042,246 |
| 14. Other Operating Income (Includes unconsolidated CUSO Income and Gain (Loss) associated with the Hedged Item (NonInvestment Assets) in a Non-Trading, Fair Value (FV) Derivatives Hedge) | 0 |
| 15. Gain (Loss) on Equity Securities (DO NOT include Gain (Loss) on other securities) | 0 |
| 16. Gain (Loss) on Other Securities (DO NOT include Gain or Loss on Equity Securities) | 0 |
| 17. Gain (Loss) on Non-Trading Derivatives | 0 |
| 18. Gain (Loss) on Disposition of Fixed Assets | 23,900 |
| 19. Gain from Bargain Purchase (Merger) | 0 |
| 20. Other Non-operating Income (Expense) | 0 |
| 21. TOTAL NON-INTEREST INCOME | 3,425,304 |
| NON-INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE | |
| 22. Total Employee Compensation and Benefits | 3,933,893 |
| 23. Travel and Conference Expense | 4,040 |
| 24. Office Occupancy Expense | 550,823 |
| 25. Office Operations Expense | 1,218,487 |
| 26. Educational and Promotional Expenses | 286,117 |
| 27. Loan Servicing Expense | 199,128 |
| 28. Professional and Outside Services | 1,614,291 |
| 29. Total Member Insurance | 0 |
| 30. Operating Fees (Examination and/or supervision fees) | 45,488 |
| 31. Miscellaneous Operating Expenses | 237,791 |
| 32. TOTAL NON-INTEREST EXPENSE | 8,090,058 |
| 33. NET INCOME (LOSS) | 3,414,446 |
| RESERVE TRANSFERS YEAR-TO-DATE FOR THE CYCLE | |
| 34. Transfer to Regular Reserves | 0 |
| Interest Rate | # Loans | Amount | |
|---|---|---|---|
| Non-Commercial Loans/Lines of Credit | |||
| 1. Unsecured Credit Card Loans | 10.49 | 406 | $297,299 |
| 2. Payday Alternative Loans (PALs I and PALs II) | 0.00 | 0 | $0 |
| 3. Non-Federally Guaranteed Student Loans | 0.00 | 0 | $0 |
| 4. All Other Unsecured Loans/Lines of Credit - include SBA PPP loans | 9.13 | 1,017 | $2,970,401 |
| 5. New Vehicle Loans | 2.20 | 1,236 | $32,900,080 |
| 6. Used Vehicle Loans | 5.99 | 2,613 | $39,432,802 |
| 7. Leases Receivable | 0.00 | 0 | $0 |
| 8. All Other Secured Non-Real Estate Loans/Lines of Credit | 7.48 | 773 | $13,450,399 |
| 9. Loans/Lines of Credit Secured by a First Lien on a single 1- to 4- Family Residential Property | 5.09 | 296 | $26,312,489 |
| 10. Loans/Lines of Credit Secured by a Junior Lien on a single 1- to 4- Family Residential Property | 7.89 | 195 | $2,165,634 |
| 11. All Other Real Estate Loans/Lines of Credit | 0.00 | 0 | $0 |
| Commercial Loans / Lines of Credit | |||
| 12. Commercial Loans/Lines of Credit Real Estate Secured | 9.75 | 46 | $9,899,877 |
| 13. Commercial Loans/Lines of Credit Not Real Estate Secured | 5.95 | 38 | $8,861,459 |
| 14. TOTAL LOANS & LEASES | 6,620 | $136,290,440 | |
| YEAR-TO-DATE LOAN INFORMATION | Number | Amount | |
| 15. Loans Granted Year-to-Date | 2,799 | $68,892,979 | |
| a. Payday Alternative Loans (PALs I and PALs II) Granted Year-to-Date | 0 | $0 | |
| MISCELLANEOUS LOAN INFORMATION | Number | Amount | |
| 16. Non-Federally Guaranteed Student Loans in Deferred Status | 0 | $0 | |
| 17. Loans Outstanding to Credit Union Officials and Senior Executive Staff | 21 | $874,351 | |
| GOVERNMENT GUARANTEED LOANS | Number | Outstanding Balance | Guaranteed Portion |
| 18. Non-Commercial Loans | |||
| a. 1. Small Business Administration | 0 | $0 | $0 |
| a. 2. Paycheck Protection Program Loans (Included in 18.a.1.) | 0 | $0 | - |
| b. Other Government Guaranteed | 0 | $0 | $0 |
| 19. Commercial Loans | |||
| a. Small Business Administration | 0 | $0 | $0 |
| b. Other Government Guaranteed | 0 | $0 | $0 |