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PATTERSON PUMP FEDERAL CREDIT UNION

Mar, 31, 2021 — PATTERSON PUMP FEDERAL CREDIT UNION is a federal credit union headquartered in Toccoa, GA with 1 branch location and about $2.48 million in total assets. Opened 45 years ago in 1976, PATTERSON PUMP FEDERAL CREDIT UNION has about 385 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PATTERSON PUMP FEDERAL CREDIT UNION
Address:
(Main Office)
P O Box 790
Toccoa, GA 30577
Phone:(706) 297-2833
Fax:(706) 886-0023
Website:n/a
Branches:1 branch locations
Members:385
Credit Union Type:Federal Credit Union
Charter Number:22299
Membership Type:Manufacturing - Machinery
Corporate Credit Union:No
Year Opened:1976
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,476,313
CEO/Manager:Mary S Weaver
Chairperson:Douglas M Wayne II

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 490,075
TOTAL INVESTMENTS 1,350,500
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 86,222
 Other Loans 538,346
 TOTAL LOANS 624,568
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,236
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 19,804
 All Other Assets 4,602
  TOTAL ASSETS 2,476,313
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,219
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,951,305
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,951,305
  TOTAL LIABILITIES 1,959,524
 Regular Reserve 49,804
 Other Reserves 0
 Undivided Earnings 466,985
  TOTAL EQUITY 516,789
  TOTAL LIABILITIES, SHARES, & EQUITY 2,476,313
INCOME & EXPENSE  
 Loan Income 16,063
 Investment Income 4,791
 Other Income 37
 Total Employee Compensation & Benefits 8,463
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,469
 Non-operating Income & (Expense) 89
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,000
 Cost of Funds 708
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,340
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