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LOUISIANA BAPTIST FEDERAL CREDIT UNION

Mar, 31, 2022 — LOUISIANA BAPTIST FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, LA with 1 branch location and about $5.33 million in total assets. Opened 47 years ago in 1975, LOUISIANA BAPTIST FEDERAL CREDIT UNION has about 887 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOUISIANA BAPTIST FEDERAL CREDIT UNION
Address:
(Main Office)
1250 macarthur dr
ALEXANDRIA, LA 71303-3124
Phone:(318) 449-4357
Fax:(318) 449-4256
Website:http://www.labaptistfcu.com
Branches:1 branch locations
Members:887
Credit Union Type:Federal Credit Union
Charter Number:21968
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1975
Last Audited:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$5,325,125
CEO/Manager:Paul Funderburk
Chairperson:Herman Jr. B Colle

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,112,499
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 463,598
 Other Loans 3,679,214
 TOTAL LOANS 4,142,812
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,079
 Land And Building 0
 Other Fixed Assets 13,908
 NCUSIF Deposit 44,395
 All Other Assets 0
  TOTAL ASSETS 5,325,125
LIABILITIES & CAPITAL:  
 Dividends Payable 862
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,181
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,011,492
 Regular shares 3,158,147
 All Other Shares & Deposits 499,617
  TOTAL SHARES & DEPOSITS 4,669,256
  TOTAL LIABILITIES 4,671,299
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 653,826
  TOTAL EQUITY 653,826
  TOTAL LIABILITIES, SHARES, & EQUITY 5,325,125
INCOME & EXPENSE  
 Loan Income 55,074
 Investment Income 10
 Other Income 2,776
 Total Employee Compensation & Benefits 27,795
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,543
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,588
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 18,743
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