Dec, 31, 2023 — ARKANSAS SUPERIOR FEDERAL CREDIT UNION is a federal credit union headquartered in WARREN, AR with 2 branch locations and about $84.48 million in total assets. Opened 67 years ago in 1957, ARKANSAS SUPERIOR FEDERAL CREDIT UNION has about 9,574 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ARKANSAS SUPERIOR FEDERAL CREDIT UNION |
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Address: (Main Office) | 313 S Martin St WARREN, AR 71671-2817 |
Phone: | (870) 226-3534 |
Fax: | (870) 226-5591 |
Website: | https://www.asfcu.coop |
Branches: | 2 branch locations |
Members: | 9,574 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11685 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $84,480,560 |
CEO/Manager: | Greg Morman |
Chairperson: | Diana Harton |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,430,562 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 13,215,397 |
Unsecured Loans | 3,420,905 |
Other Loans | 47,423,762 |
TOTAL LOANS | 64,060,064 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -330,730 |
Land And Building | 649,972 |
Other Fixed Assets | 53,290 |
NCUSIF Deposit | 670,713 |
All Other Assets | 3,899 |
TOTAL ASSETS | 84,480,560 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -46,414 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,738,450 |
Regular shares | 30,118,089 |
All Other Shares & Deposits | 22,916,602 |
TOTAL SHARES & DEPOSITS | 62,773,141 |
TOTAL LIABILITIES | 62,726,727 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 21,753,833 |
TOTAL EQUITY | 21,753,833 |
TOTAL LIABILITIES, SHARES, & EQUITY | 84,480,560 |
INCOME & EXPENSE | |
Loan Income | 4,054,739 |
Investment Income | 804,652 |
Other Income | 639,060 |
Total Employee Compensation & Benefits | 1,473,495 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,040,689 |
Non-operating Income & (Expense) | -129,597 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 377,212 |
Cost of Funds | 1,051,022 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,612,590 |
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