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LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Littlefield, TX with 1 branch location and about $1.15 million in total assets. Opened 63 years ago in 1958, LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 219 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 567
Littlefield, TX 79339
Phone:(806) 385-4791
Fax:(806) 385-4791
Website:n/a
Branches:1 branch locations
Members:219
Credit Union Type:Federal Credit Union
Charter Number:12289
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1958
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,150,062
CEO/Manager:Cari McCurry
Chairperson:Brette Southard

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 399,681
TOTAL INVESTMENTS 408,053
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 169,833
 Other Loans 163,700
 TOTAL LOANS 333,533
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,970
 Land And Building 0
 Other Fixed Assets 1,433
 NCUSIF Deposit 9,379
 All Other Assets 2,953
  TOTAL ASSETS 1,150,062
LIABILITIES & CAPITAL:  
 Dividends Payable 654
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,849
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 975,631
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 975,631
  TOTAL LIABILITIES 978,134
 Regular Reserve 19,820
 Other Reserves 0
 Undivided Earnings 152,108
  TOTAL EQUITY 171,928
  TOTAL LIABILITIES, SHARES, & EQUITY 1,150,062
INCOME & EXPENSE  
 Loan Income 7,423
 Investment Income 1,633
 Other Income 200
 Total Employee Compensation & Benefits 4,729
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,720
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 300
 Cost of Funds 654
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 853
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