Dec, 31, 2023 — PEAR ORCHARD FEDERAL CREDIT UNION is a federal credit union headquartered in BEAUMONT, TX with 1 branch location and about $1.23 million in total assets. Opened 59 years ago in 1965, PEAR ORCHARD FEDERAL CREDIT UNION has about 318 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: | PEAR ORCHARD FEDERAL CREDIT UNION |
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Address: (Main Office) | 3390 Sarah St BEAUMONT, TX 77705-3022 |
Phone: | (409) 842-4343 |
Fax: | (409) 842-4804 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 318 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17105 |
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Membership Type: | Multiple common bond - Primarily faith based |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Feb 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,229,844 |
CEO/Manager: | Frank Owens |
Chairperson: | Walter Thomas |
ASSETS: | $ Amount |
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Cash & Equivalents | 491,954 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 47,145 |
Other Loans | 593,363 |
TOTAL LOANS | 640,508 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,044 |
Land And Building | 0 |
Other Fixed Assets | 34 |
NCUSIF Deposit | 7,956 |
All Other Assets | 0 |
TOTAL ASSETS | 1,229,844 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 642 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,312 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,012,956 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,012,956 |
TOTAL LIABILITIES | 1,016,910 |
Regular Reserve | 0 |
Other Reserves | 43,601 |
Undivided Earnings | 169,333 |
TOTAL EQUITY | 212,934 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,229,844 |
INCOME & EXPENSE | |
Loan Income | 33,259 |
Investment Income | 3,312 |
Other Income | 2,562 |
Total Employee Compensation & Benefits | 16,510 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 15,865 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,391 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,368 |
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