Mar, 31, 2022 — SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in SINTON, TX with 2 branch locations and about $32.10 million in total assets. Opened 65 years ago in 1957, SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION has about 3,494 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 W Merriman St SINTON, TX 78387-2412 |
| Phone: | (361) 364-3683 |
| Fax: | (361) 364-2132 |
| Website: | http://www.sanpatcu.com |
| Branches: | 2 branch locations |
| Members: | 3,494 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11721 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $32,104,338 |
| CEO/Manager: | Kimberly Reese |
| Chairperson: | William Skoruppa |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,859,770 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,603,390 |
| Unsecured Loans | 617,747 |
| Other Loans | 16,979,838 |
| TOTAL LOANS | 19,200,975 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -54,152 |
| Land And Building | 1,051,528 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 277,544 |
| All Other Assets | 0 |
| TOTAL ASSETS | 32,104,338 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 67,865 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,016,545 |
| Regular shares | 13,778,555 |
| All Other Shares & Deposits | 10,483,631 |
| TOTAL SHARES & DEPOSITS | 28,278,731 |
| TOTAL LIABILITIES | 28,346,596 |
| Regular Reserve | 0 |
| Other Reserves | 183,836 |
| Undivided Earnings | 3,573,906 |
| TOTAL EQUITY | 3,757,742 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 32,104,338 |
| INCOME & EXPENSE | |
| Loan Income | 197,264 |
| Investment Income | 3,721 |
| Other Income | 48,670 |
| Total Employee Compensation & Benefits | 146,491 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 94,560 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -648 |
| Cost of Funds | 23,846 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 63,993 |
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