Dec, 31, 2022 — SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in SINTON, TX with 2 branch locations and about $31.16 million in total assets. Opened 66 years ago in 1957, SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION has about 3,259 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 |
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Address: (Main Office) | 501 W Merriman St SINTON, TX 78387-2412 |
Phone: | (361) 364-3683 |
Fax: | (361) 364-2132 |
Website: | https://www.sanpatcu.com |
Branches: | 2 branch locations |
Members: | 3,259 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11721 |
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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: | $31,157,133 |
CEO/Manager: | Kimberly Reese |
Chairperson: | William Skoruppa |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,853,890 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,308,027 |
Unsecured Loans | 610,579 |
Other Loans | 16,083,555 |
TOTAL LOANS | 18,002,161 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -53,755 |
Land And Building | 1,066,981 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 285,508 |
All Other Assets | 52,483 |
TOTAL ASSETS | 31,157,133 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 130,575 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,787,736 |
Regular shares | 13,611,144 |
All Other Shares & Deposits | 9,796,442 |
TOTAL SHARES & DEPOSITS | 27,195,322 |
TOTAL LIABILITIES | 27,325,897 |
Regular Reserve | 0 |
Other Reserves | 183,836 |
Undivided Earnings | 3,647,400 |
TOTAL EQUITY | 3,831,236 |
TOTAL LIABILITIES, SHARES, & EQUITY | 31,157,133 |
INCOME & EXPENSE | |
Loan Income | 574,354 |
Investment Income | 67,893 |
Other Income | 75,032 |
Total Employee Compensation & Benefits | 407,287 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 273,850 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,609 |
Cost of Funds | 67,032 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 137,487 |
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