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IBERIA PARISH FEDERAL CREDIT UNION

Mar, 31, 2021 — IBERIA PARISH FEDERAL CREDIT UNION is a federal credit union headquartered in New Iberia, LA with 1 branch location and about $292,400 in total assets. Opened 80 years ago in 1941, IBERIA PARISH FEDERAL CREDIT UNION has about 271 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:IBERIA PARISH FEDERAL CREDIT UNION
Address:
(Main Office)
500 French St
New Iberia, LA 70560
Phone:(337) 369-3121
Fax:(337) 369-3170
Website:n/a
Branches:1 branch locations
Members:271
Credit Union Type:Federal Credit Union
Charter Number:4416
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1941
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$292,400
CEO/Manager:Sherial Scott
Chairperson:Curly Mouton

Call Report

  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 158,346
TOTAL INVESTMENTS 35,432
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 83,453
 TOTAL LOANS 83,453
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,569
 Land And Building 27,397
 Other Fixed Assets 38
 NCUSIF Deposit 1,303
 All Other Assets 0
  TOTAL ASSETS 292,400
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 155,460
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 155,460
  TOTAL LIABILITIES 155,460
 Regular Reserve 16,114
 Other Reserves -3,227
 Undivided Earnings 124,053
  TOTAL EQUITY 136,940
  TOTAL LIABILITIES, SHARES, & EQUITY 292,400
INCOME & EXPENSE  
 Loan Income 3,669
 Investment Income 61
 Other Income 180
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,310
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 37
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -437
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