Dec, 31, 2022 — COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION is a federal credit union headquartered in MOULTRIE, GA with 1 branch location and about $9.90 million in total assets. Opened 66 years ago in 1957, COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION has about 1,813 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1800 Park Ave SE MOULTRIE, GA 31768-5134 |
| Phone: | (229) 890-6214 |
| Fax: | (229) 985-4158 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,813 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11996 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,896,056 |
| CEO/Manager: | Sally Yarbrough |
| Chairperson: | Marlon Keith Adams |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 67,123 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 613,899 |
| Other Loans | 6,452,961 |
| TOTAL LOANS | 7,066,860 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,631 |
| Land And Building | 154,342 |
| Other Fixed Assets | 1,941 |
| NCUSIF Deposit | 78,302 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,896,056 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,974 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,417,094 |
| All Other Shares & Deposits | 5,651,766 |
| TOTAL SHARES & DEPOSITS | 8,068,860 |
| TOTAL LIABILITIES | 8,083,834 |
| Regular Reserve | 0 |
| Other Reserves | 76,317 |
| Undivided Earnings | 1,735,905 |
| TOTAL EQUITY | 1,812,222 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,896,056 |
| INCOME & EXPENSE | |
| Loan Income | 265,074 |
| Investment Income | 11,223 |
| Other Income | 34,190 |
| Total Employee Compensation & Benefits | 162,726 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 86,702 |
| Non-operating Income & (Expense) | 2,008 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,130 |
| Cost of Funds | 11,865 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 59,488 |
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