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PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION

Mar, 31, 2022 — PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION is a federal credit union headquartered in SALISBURY, MD with 1 branch location and about $4.46 million in total assets. Opened 44 years ago in 1978, PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION has about 987 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION
Address:
(Main Office)
100 E Carroll St
SALISBURY, MD 21801
Phone:(410) 543-7230
Fax:(410) 543-4746
Website:n/a
Branches:1 branch locations
Members:987
Credit Union Type:Federal Credit Union
Charter Number:23125
Membership Type:Service - Health Care
Corporate Credit Union:No
Year Opened:1978
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$4,461,592
CEO/Manager:Doris C Dennis
Chairperson:Michelle Humphress

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,948,033
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 775,339
 Other Loans 4,350
 TOTAL LOANS 779,689
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,615
 Land And Building 0
 Other Fixed Assets 558
 NCUSIF Deposit 30,917
 All Other Assets 0
  TOTAL ASSETS 4,461,592
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,774
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,597,742
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,597,742
  TOTAL LIABILITIES 3,600,516
 Regular Reserve 0
 Other Reserves 50,689
 Undivided Earnings 810,387
  TOTAL EQUITY 861,076
  TOTAL LIABILITIES, SHARES, & EQUITY 4,461,592
INCOME & EXPENSE  
 Loan Income 26,444
 Investment Income 4,197
 Other Income 128
 Total Employee Compensation & Benefits 19,223
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,929
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -44,000
 Cost of Funds 860
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 41,757
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