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PINE BELT FEDERAL CREDIT UNION

Sep, 30, 2025 — PINE BELT FEDERAL CREDIT UNION is a federal credit union headquartered in HATTIESBURG, MS with 2 branch locations and about $12.96 million in total assets. Opened 84 years ago in 1942, PINE BELT FEDERAL CREDIT UNION has about 1,579 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PINE BELT FEDERAL CREDIT UNION
Address:
(Main Office)
1808 Evelyn Gandy Parkway
HATTIESBURG, MS 39401
Phone:(601) 583-3242
Fax:(601) 544-1756
Website:https://www.pinebeltfcu.org
Branches:2 branch locations
Members:1,579
Credit Union Type:Federal Credit Union
Charter Number:4799
Membership Type:Multiple common bond - Primarily chemical
Corporate Credit Union:No
Year Opened:1942
Last Audited:Aug 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$12,957,706
CEO/Manager:Brian Green
Chairperson:Ira D Graham

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,029,326
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 111,476
 Unsecured Loans 234,570
 Other Loans 8,807,076
 TOTAL LOANS 9,153,122
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -60,599
 Land And Building 811,855
 Other Fixed Assets 11,708
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 89,660
 All Other Assets 0
  TOTAL ASSETS 12,957,706
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 53,249
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 759,437
 Regular shares 4,876,193
 All Other Shares & Deposits 3,461,295
  TOTAL SHARES & DEPOSITS 9,096,925
  TOTAL LIABILITIES 9,150,174
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,807,532
  TOTAL EQUITY 3,807,532
  TOTAL LIABILITIES, SHARES, & EQUITY 12,957,706
INCOME & EXPENSE  
 Loan Income 522,489
 Investment Income 58,210
 Other Income 185,457
 Total Employee Compensation & Benefits 316,381
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 257,150
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,333
 Cost of Funds 131,846
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 43,335
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