Credit Unions Near Me
National Credit Union Service Organization

SECURITY SERVICE FEDERAL CREDIT UNION
— Statement of Financial Condition

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 SECURITY SERVICE FEDERAL CREDIT UNION as of: December 31, 2021.
Charter Number: 11065

ASSETS$ Amount
CASH:  
 1. Cash on Hand 39,856,401
 2. Cash on Deposit (Amounts Deposited in Financial Institutions) 637,483,236
 3. Cash Equivalents (Investments with Original Maturities of Three Months or Less) 60,000,000
INVESTMENTS:  
 4. Equity Securities 0
 5. Trading Debut Securities 0
 6. Available-for-Sale Debt Securities 53,236,823
 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 5,650,000
 12. All other investments in corporate credit unions 0
 13. All other investments 119,742,104
 14. TOTAL INVESTMENTS 178,628,927
LOANS HELD FOR SALE:  
 15. Loans Held for Sale 154,843,638
LOANS AND LEASES:  
 16. TOTAL LOANS & LEASES 8,943,091,709
 17. Less: Allowance for Loan & Lease Losses 126,641,309
 18: Less: Allowance for Credit Losses on Loans & Leases 0
OTHER ASSETS:  
 19. Foreclosed and Repossessed Assets 2,610,217
 20. Land and Building 247,736,430
 21. Other Fixed Assets 40,811,692
 22. NCUA Share Insurance Capitalization Deposit 80,758,839
 23. Intangible Assets 12,031,738
 24. Other Assets 214,361,164
25. TOTAL ASSETS 10,485,572,682
LIABILITIES$ Amount
 1. Draws Against Lines of Credit 0
 2. Other Notes, Promissory Notes and Interest Payable 250,248,000
 3. Borrowing Repurchase Transactions 0
 4. Subordinated Debt 0
 5. Subordinated Debt included in Net Worth 0
 6. TOTALS 250,248,000
 7. Non-Trading Derivative Liabilities 497,537
 8. Accrued Dividends & Interest Payable on Shares & Deposits 1,250,903
 9. Accounts Payable and Other Liabilities 79,199,193
 10. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures 0
SHARES/DEPOSITS:  
 11. Share Drafts 2,650,003,448
 12. Regular Shares 2,723,157,807
 13. Money Market Shares 759,522,566
 14. Share Certificates 2,430,506,422
 15. IRA/KEOGH Accounts 419,248,039
 16. All Other Shares 14,396,623
 17. TOTAL SHARES 8,996,834,905
 18. Nonmember Deposits 345,122
 19. TOTAL SHARES AND DEPOSITS 8,997,180,027
20. TOTAL LIABILITIES  
 21. Accounts Held by Member Public Units 665,040
 22. Accounts Held by Nonmember Public Units 0
 23. Employee Benefit Member Shares 16,551,486
 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) 1,422,702,615
 29. Dollar Amount of IRA/Keogh Accounts equal to or greater than $100,000 155,861,835
 30. Dollar Amount of Share Drafts Swept to Regular Shares or Money Market Accts as part of Sweep Program 0
 31. Dollar Amount of Commercial Share Accounts 136,981,564
 32. Negative Shares Included in All Other Unsecured Loans/Lines of Credit 3,297,078
EQUITY:  
 33. Undivided Earnings 1,096,824,103
 34. Regular Reserves 60,129,565
 35. Appropriation for Non-Conforming Investments (State Credit Unions ONLY) 0
 36. Other Reserves.(Appropriations of Undivided Earnings) 0
 37. Equity Acquired in Merger 0
 38. Miscellaneous Equity 305,405
 39. Other Comprehensive Income (not already included in items 40 - 43) 0
 40. Accumulated Unrealized Net Gains (Losses) on Cash Flow Hedges 0
 41. Accumulated Unrealized Gains (Losses) on Available for Sale Debt Securities -62,051
 42. Accumulated Unrealized Losses for OTTI (Due to Other Factors) on HTM Debt Securities 0
 43. Net Income (unless this amount is already included in Undivided Earnings) 0
44. TOTAL LIABILITIES, SHARES, AND EQUITY 10,485,572,682
Statement of Income & Expense$ Amount
INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 1. Interest on Loans (Gross-before interest refunds) 339,281,504
 2. (Less) Interest Refunded 0
 3. Income from Investments (Including Interest and Dividends, excluding securities held in a trading account) 4,508,529
 4. Unrealized Gain (Loss) due to change in fair value of Equity and Trading Debt Securities 0
 5. TOTAL INTEREST INCOME 343,790,033
INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 6. Dividends on Shares (Includes dividends earned during current period) 39,591,628
 7. Interest on Deposits (Total interest expense for deposit accounts) (State Credit Union ONLY) 0
 8. Interest on Borrowed Money 4,453,917
 9. TOTAL INTEREST EXPENSE 44,045,545
 10. Provision for Loan & Lease Losses 3,745,000
 11. Total Credit Loss Expense 0
 12. NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES or CREDIT LOSS EXPENSE 295,999,488
NON-INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 13. Fee Income 64,565,280
 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 2,481,299
 19. Gain from Bargain Purchase (Merger) 0
 20. Other Non-operating Income (Expense) 1,017,266
 21. TOTAL NON-INTEREST INCOME 180,305,124
NON-INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 22. Total Employee Compensation and Benefits 175,977,415
 23. Travel and Conference Expense 505,855
 24. Office Occupancy Expense 15,563,098
 25. Office Operations Expense 46,961,410
 26. Educational and Promotional Expenses 7,143,864
 27. Loan Servicing Expense 20,942,241
 28. Professional and Outside Services 25,052,117
 29. Total Member Insurance 36,620
 30. Operating Fees (Examination and/or supervision fees) 721,125
 31. Miscellaneous Operating Expenses 26,572,360
 32. TOTAL NON-INTEREST EXPENSE 319,476,105
33. NET INCOME (LOSS) 156,828,507
RESERVE TRANSFERS YEAR-TO-DATE FOR THE CYCLE  
 34. Transfer to Regular Reserves 0
Interest Rate# LoansAmount
Non-Commercial Loans/Lines of Credit
 1. Unsecured Credit Card Loans7.49146,593$314,705,619
 2. Payday Alternative Loans (PALs I and PALs II)0.000$0
 3. Non-Federally Guaranteed Student Loans0.000$0
 4. All Other Unsecured Loans/Lines of Credit - include SBA PPP loans9.5997,804$348,786,067
 5. New Vehicle Loans2.7673,721$1,721,810,674
 6. Used Vehicle Loans2.91123,396$2,103,274,087
 7. Leases Receivable0.000$0
 8. All Other Secured Non-Real Estate Loans/Lines of Credit4.7824,408$99,887,709
 9. Loans/Lines of Credit Secured by a First Lien on a single 1- to 4- Family Residential Property6.9421,345$3,241,641,113
 10. Loans/Lines of Credit Secured by a Junior Lien on a single 1- to 4- Family Residential Property2.794,303$282,160,677
 11. All Other Real Estate Loans/Lines of Credit3.6313$1,029,113
Commercial Loans / Lines of Credit
 12. Commercial Loans/Lines of Credit Real Estate Secured3.64309$813,069,863
 13. Commercial Loans/Lines of Credit Not Real Estate Secured5.7550$16,726,787
 14. TOTAL LOANS & LEASES491,942$8,943,091,709
YEAR-TO-DATE LOAN INFORMATIONNumberAmount
 15. Loans Granted Year-to-Date86,382$4,750,092,000
  a. Payday Alternative Loans (PALs I and PALs II) Granted Year-to-Date0$0
MISCELLANEOUS LOAN INFORMATIONNumberAmount
 16. Non-Federally Guaranteed Student Loans in Deferred Status0$0
 17. Loans Outstanding to Credit Union Officials and Senior Executive Staff351$60,827,473
GOVERNMENT GUARANTEED LOANSNumberOutstanding BalanceGuaranteed Portion
 18. Non-Commercial Loans  
  a. 1. Small Business Administration283$9,789,097$9,491,874
  a. 2. Paycheck Protection Program Loans (Included in 18.a.1.)264$8,335,038-
  b. Other Government Guaranteed0$0$0
 19. Commercial Loans  
  a. Small Business Administration22$9,894,045$7,427,846
  b. Other Government Guaranteed0$0$0