Credit Unions Near Me
National Credit Union Service Organization

SHUFORD FEDERAL CREDIT UNION
— Statement of Financial Condition

Then NCUA provides quarterly Call Reports using accounting and statistical information from each credit union. The Call Report includes Balance Sheet, Income Statement and more.

Statement of financial condition for SHUFORD FEDERAL CREDIT UNION as of: June 30, 2021.
Charter Number: 24811

ASSETS$ Amount
CASH:  
 1. Cash on Hand 754,555
 2. Cash on Deposit (Amounts Deposited in Financial Institutions) 7,703,318
 3. Cash Equivalents (Investments with Original Maturities of Three Months or Less) 1,000,640
INVESTMENTS:  
 4. Equity Securities 0
 5. Trading Debut Securities 0
 6. Available-for-Sale Debt Securities 0
 7. Held-to-Maturity Debt Securities 0
 8. Deposits in commercial banks, S&Ls, savings banks 496,000
 9. Loans to and investments in natural person credit unions 248,000
 10. Nonperpetual Capital Account 0
 11. Perpetual Contributed Capital 170,752
 12. All other investments in corporate credit unions 2,000,000
 13. All other investments 22,200
 14. TOTAL INVESTMENTS 2,936,952
LOANS HELD FOR SALE:  
 15. Loans Held for Sale 0
LOANS AND LEASES:  
 16. TOTAL LOANS & LEASES 18,343,720
 17. Less: Allowance for Loan & Lease Losses 69,798
 18: Less: Allowance for Credit Losses on Loans & Leases 0
OTHER ASSETS:  
 19. Foreclosed and Repossessed Assets 0
 20. Land and Building 809,282
 21. Other Fixed Assets 64,754
 22. NCUA Share Insurance Capitalization Deposit 254,343
 23. Intangible Assets 0
 24. Other Assets 142,912
25. TOTAL ASSETS 31,940,678
LIABILITIES$ Amount
 1. Draws Against Lines of Credit 0
 2. Other Notes, Promissory Notes and Interest Payable 0
 3. Borrowing Repurchase Transactions 0
 4. Subordinated Debt 0
 5. Subordinated Debt included in Net Worth 0
 6. TOTALS 0
 7. Non-Trading Derivative Liabilities 0
 8. Accrued Dividends & Interest Payable on Shares & Deposits 42,693
 9. Accounts Payable and Other Liabilities 86,377
 10. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures 0
SHARES/DEPOSITS:  
 11. Share Drafts 4,496,135
 12. Regular Shares 9,970,603
 13. Money Market Shares 8,654,028
 14. Share Certificates 2,489,896
 15. IRA/KEOGH Accounts 2,583,316
 16. All Other Shares 153,418
 17. TOTAL SHARES 28,347,396
 18. Nonmember Deposits 407,285
 19. TOTAL SHARES AND DEPOSITS 28,754,681
20. TOTAL LIABILITIES  
 21. Accounts Held by Member Public Units 0
 22. Accounts Held by Nonmember Public Units 0
 23. Employee Benefit Member Shares 0
 24. Employee Benefit Nonmember Shares 0
 25. 529 Plan Member Deposits 0
 26. Non-dollar denominated deposits 0
 27. Health Savings Account 0
 28. Dollar Amount of Share Certificates equal to or greater than $100,000 (Excluding brokered share certificates participated out by the broker in shares of less than $100,000) 1,197,567
 29. Dollar Amount of IRA/Keogh Accounts equal to or greater than $100,000 1,454,855
 30. Dollar Amount of Share Drafts Swept to Regular Shares or Money Market Accts as part of Sweep Program 0
 31. Dollar Amount of Commercial Share Accounts 407,285
 32. Negative Shares Included in All Other Unsecured Loans/Lines of Credit 8,430
EQUITY:  
 33. Undivided Earnings 2,303,835
 34. Regular Reserves 672,445
 35. Appropriation for Non-Conforming Investments (State Credit Unions ONLY) 0
 36. Other Reserves.(Appropriations of Undivided Earnings) 0
 37. Equity Acquired in Merger 0
 38. Miscellaneous Equity 0
 39. Other Comprehensive Income (not already included in items 40 - 43) 0
 40. Accumulated Unrealized Net Gains (Losses) on Cash Flow Hedges 0
 41. Accumulated Unrealized Gains (Losses) on Available for Sale Debt Securities 0
 42. Accumulated Unrealized Losses for OTTI (Due to Other Factors) on HTM Debt Securities 0
 43. Net Income (unless this amount is already included in Undivided Earnings) 80,647
44. TOTAL LIABILITIES, SHARES, AND EQUITY 31,940,678
Statement of Income & Expense$ Amount
INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 1. Interest on Loans (Gross-before interest refunds) 541,562
 2. (Less) Interest Refunded 0
 3. Income from Investments (Including Interest and Dividends, excluding securities held in a trading account) 8,174
 4. Unrealized Gain (Loss) due to change in fair value of Equity and Trading Debt Securities 0
 5. TOTAL INTEREST INCOME 549,736
INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 6. Dividends on Shares (Includes dividends earned during current period) 35,369
 7. Interest on Deposits (Total interest expense for deposit accounts) (State Credit Union ONLY) 0
 8. Interest on Borrowed Money 0
 9. TOTAL INTEREST EXPENSE 35,369
 10. Provision for Loan & Lease Losses -913
 11. Total Credit Loss Expense 0
 12. NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES or CREDIT LOSS EXPENSE 515,280
NON-INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 13. Fee Income 95,612
 14. Other Operating Income (Includes unconsolidated CUSO Income and Gain (Loss) associated with the Hedged Item (NonInvestment Assets) in a Non-Trading, Fair Value (FV) Derivatives Hedge) 0
 15. Gain (Loss) on Equity Securities (DO NOT include Gain (Loss) on other securities) 0
 16. Gain (Loss) on Other Securities (DO NOT include Gain or Loss on Equity Securities) 0
 17. Gain (Loss) on Non-Trading Derivatives 0
 18. Gain (Loss) on Disposition of Fixed Assets 0
 19. Gain from Bargain Purchase (Merger) 0
 20. Other Non-operating Income (Expense) 0
 21. TOTAL NON-INTEREST INCOME 235,637
NON-INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 22. Total Employee Compensation and Benefits 254,729
 23. Travel and Conference Expense 438
 24. Office Occupancy Expense 30,988
 25. Office Operations Expense 122,695
 26. Educational and Promotional Expenses 12,182
 27. Loan Servicing Expense 22,532
 28. Professional and Outside Services 187,415
 29. Total Member Insurance 0
 30. Operating Fees (Examination and/or supervision fees) 10,500
 31. Miscellaneous Operating Expenses 28,791
 32. TOTAL NON-INTEREST EXPENSE 670,270
33. NET INCOME (LOSS) 80,647
RESERVE TRANSFERS YEAR-TO-DATE FOR THE CYCLE  
 34. Transfer to Regular Reserves 0
Interest Rate# LoansAmount
Non-Commercial Loans/Lines of Credit
 1. Unsecured Credit Card Loans9.99297$185,513
 2. Payday Alternative Loans (PALs I and PALs II)0.000$0
 3. Non-Federally Guaranteed Student Loans0.000$0
 4. All Other Unsecured Loans/Lines of Credit - include SBA PPP loans13.33478$285,756
 5. New Vehicle Loans4.7820$485,095
 6. Used Vehicle Loans6.71721$6,029,412
 7. Leases Receivable0.000$0
 8. All Other Secured Non-Real Estate Loans/Lines of Credit5.2262$546,425
 9. Loans/Lines of Credit Secured by a First Lien on a single 1- to 4- Family Residential Property5.5863$5,793,584
 10. Loans/Lines of Credit Secured by a Junior Lien on a single 1- to 4- Family Residential Property6.8197$3,844,250
 11. All Other Real Estate Loans/Lines of Credit4.501$25,293
Commercial Loans / Lines of Credit
 12. Commercial Loans/Lines of Credit Real Estate Secured5.159$1,072,486
 13. Commercial Loans/Lines of Credit Not Real Estate Secured5.372$75,906
 14. TOTAL LOANS & LEASES1,750$18,343,720
YEAR-TO-DATE LOAN INFORMATIONNumberAmount
 15. Loans Granted Year-to-Date738$3,649,912
  a. Payday Alternative Loans (PALs I and PALs II) Granted Year-to-Date0$0
MISCELLANEOUS LOAN INFORMATIONNumberAmount
 16. Non-Federally Guaranteed Student Loans in Deferred Status0$0
 17. Loans Outstanding to Credit Union Officials and Senior Executive Staff8$236,661
GOVERNMENT GUARANTEED LOANSNumberOutstanding BalanceGuaranteed Portion
 18. Non-Commercial Loans  
  a. 1. Small Business Administration0$0$0
  a. 2. Paycheck Protection Program Loans (Included in 18.a.1.)0$0-
  b. Other Government Guaranteed0$0$0
 19. Commercial Loans  
  a. Small Business Administration0$0$0
  b. Other Government Guaranteed0$0$0