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KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Kilgore, TX with 1 branch location and about $2.31 million in total assets. Opened 85 years ago in 1936, KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION has about 259 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
510 E Lantrip St
Kilgore, TX 75662-5959
Phone:(903) 984-5654
Fax:(903) 983-3373
Website:n/a
Branches:1 branch locations
Members:259
Credit Union Type:Federal Credit Union
Charter Number:1524
Membership Type:Multiple common bond - Primarily petroleum refining
Corporate Credit Union:No
Year Opened:1936
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,309,688
CEO/Manager:Tammy M Strickland
Chairperson:Jimmy Thrower

Call Report

  • Risk Based Loans
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 416,300
TOTAL INVESTMENTS 400,500
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,625
 Other Loans 1,413,332
 TOTAL LOANS 1,414,957
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,500
 Land And Building 74,914
 Other Fixed Assets 0
 NCUSIF Deposit 17,329
 All Other Assets 3,188
  TOTAL ASSETS 2,309,688
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,157
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,924,509
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,924,509
  TOTAL LIABILITIES 1,928,666
 Regular Reserve 75,000
 Other Reserves 0
 Undivided Earnings 306,022
  TOTAL EQUITY 381,022
  TOTAL LIABILITIES, SHARES, & EQUITY 2,309,688
INCOME & EXPENSE  
 Loan Income 22,904
 Investment Income 833
 Other Income 724
 Total Employee Compensation & Benefits 13,190
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,857
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,121
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,632
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