Dec, 31, 2020 — TIMBERLINE FEDERAL CREDIT UNION is a federal credit union headquartered in CROSSETT, AR with 3 branch locations and about $78.15 million in total assets. Opened 64 years ago in 1957, TIMBERLINE FEDERAL CREDIT UNION has about 10,076 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TIMBERLINE FEDERAL CREDIT UNION |
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Address: (Main Office) | PO BOX 929 CROSSETT, AR 71635-0929 |
Phone: | (870) 304-3200 |
Fax: | (870) 364-6210 |
Website: | http://www.timberlinefcu.org |
Branches: | 3 branch locations |
Members: | 10,076 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11678 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $78,147,440 |
CEO/Manager: | Matt D Jacobs |
Chairperson: | Jeffrey Robinson |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,174,001 |
TOTAL INVESTMENTS | 24,837,314 |
Loans Held for Sale | 0 |
Real Estate Loans | 16,610,286 |
Unsecured Loans | 2,450,778 |
Other Loans | 19,913,388 |
TOTAL LOANS | 38,974,452 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -180,082 |
Land And Building | 2,945,567 |
Other Fixed Assets | 37,732 |
NCUSIF Deposit | 618,426 |
All Other Assets | 2,740,030 |
TOTAL ASSETS | 78,147,440 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,683 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 346,422 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,852,225 |
Regular shares | 28,521,591 |
All Other Shares & Deposits | 27,015,890 |
TOTAL SHARES & DEPOSITS | 63,389,706 |
TOTAL LIABILITIES | 63,738,811 |
Regular Reserve | 4,264,053 |
Other Reserves | -1,440,958 |
Undivided Earnings | 11,585,534 |
TOTAL EQUITY | 14,408,629 |
TOTAL LIABILITIES, SHARES, & EQUITY | 78,147,440 |
INCOME & EXPENSE | |
Loan Income | 2,188,397 |
Investment Income | 441,925 |
Other Income | 1,465,539 |
Total Employee Compensation & Benefits | 1,526,440 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,009,523 |
Non-operating Income & (Expense) | -34,200 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 78,829 |
Cost of Funds | 184,768 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 262,101 |
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