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TANGIPAHOA PARISH TEACHERS CREDIT UNION

Jun, 30, 2021 — TANGIPAHOA PARISH TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in AMITE, LA with 1 branch location and about $32.08 million in total assets. Opened 75 years ago in 1946, TANGIPAHOA PARISH TEACHERS CREDIT UNION has about 3,103 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 265473207
Name:TANGIPAHOA PARISH TEACHERS CREDIT UNION
Address:
(Main Office)
P.O. BOX 427
AMITE, LA 70422
Phone:(985) 748-5132
Fax:(985) 748-3916
Website:http://www.tangiteachers.com
Branches:1 branch locations
Members:3,103
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60475
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1946
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$32,081,281
CEO/Manager:Dixie Perez
Chairperson:Thomas Bellavia

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,629,068
TOTAL INVESTMENTS 16,795,323
Loans Held for Sale 0
 
 Real Estate Loans 4,565,935
 Unsecured Loans 967,578
 Other Loans 4,813,605
 TOTAL LOANS 10,347,118
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -118,137
 Land And Building 135,724
 Other Fixed Assets 40,446
 NCUSIF Deposit 201,285
 All Other Assets 50,454
  TOTAL ASSETS 32,081,281
LIABILITIES & CAPITAL:  
 Dividends Payable 1,430
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 10,922
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 15,897,171
 All Other Shares & Deposits 5,519,906
  TOTAL SHARES & DEPOSITS 21,417,077
  TOTAL LIABILITIES 21,429,429
 Regular Reserve 1,546,092
 Other Reserves 0
 Undivided Earnings 9,105,760
  TOTAL EQUITY 10,651,852
  TOTAL LIABILITIES, SHARES, & EQUITY 32,081,281
INCOME & EXPENSE  
 Loan Income 251,650
 Investment Income 139,184
 Other Income 11,906
 Total Employee Compensation & Benefits 138,976
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 131,833
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 60,529
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 138,786
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