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COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION

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

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
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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