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SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION

Dec, 31, 2020 — SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGE CITY, LA with 0 branch location and about $6.05 million in total assets. Opened 60 years ago in 1961, SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION has about 772 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION
Address:
(Main Office)
1440 HIGHWAY 90 W
BRIDGE CITY, LA 70094-3566
Phone:(504) 437-3146
Fax:(504) 437-3145
Website:n/a
Branches:0 branch locations
Members:772
Credit Union Type:Federal Credit Union
Charter Number:14421
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1961
Last Audited:Aug 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$6,047,557
CEO/Manager:Fred C Stentz
Chairperson:Scott Boyle

Call Report

  • Real Estate Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,553,760
TOTAL INVESTMENTS 2,706,903
Loans Held for Sale 0
 
 Real Estate Loans 31,084
 Unsecured Loans 420,203
 Other Loans 1,445,026
 TOTAL LOANS 1,896,313
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -177,445
 Land And Building 17,976
 Other Fixed Assets 8,667
 NCUSIF Deposit 41,383
 All Other Assets 0
  TOTAL ASSETS 6,047,557
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 18,268
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,101,200
 All Other Shares & Deposits 2,206,151
  TOTAL SHARES & DEPOSITS 4,307,351
  TOTAL LIABILITIES 4,325,619
 Regular Reserve 214,000
 Other Reserves 190,000
 Undivided Earnings 1,317,938
  TOTAL EQUITY 1,721,938
  TOTAL LIABILITIES, SHARES, & EQUITY 6,047,557
INCOME & EXPENSE  
 Loan Income 193,795
 Investment Income 63,286
 Other Income 20,545
 Total Employee Compensation & Benefits 110,619
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 55,789
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 22,600
 Cost of Funds 50,943
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 37,675
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