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TANGIPAHOA PARISH TEACHERS CREDIT UNION

Dec, 31, 2020 — TANGIPAHOA PARISH TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in AMITE, LA with 1 branch location and about $30.79 million in total assets. Opened 75 years ago in 1946, TANGIPAHOA PARISH TEACHERS CREDIT UNION has about 3,139 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:3,139
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, 2019
FHLB Member:No
Low Income Designation:No
Assets:$30,794,655
CEO/Manager:Dixie Perez
Chairperson:Thomas Bellavia

Call Report

  • Real Estate Loans
  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,356,991
TOTAL INVESTMENTS 16,305,323
Loans Held for Sale 0
 
 Real Estate Loans 4,823,579
 Unsecured Loans 1,066,459
 Other Loans 4,914,109
 TOTAL LOANS 10,804,147
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -117,601
 Land And Building 127,662
 Other Fixed Assets 56,480
 NCUSIF Deposit 191,838
 All Other Assets 69,815
  TOTAL ASSETS 30,794,655
LIABILITIES & CAPITAL:  
 Dividends Payable 1,544
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,889
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 14,686,724
 All Other Shares & Deposits 5,578,431
  TOTAL SHARES & DEPOSITS 20,265,155
  TOTAL LIABILITIES 20,281,588
 Regular Reserve 1,546,092
 Other Reserves 0
 Undivided Earnings 8,966,975
  TOTAL EQUITY 10,513,067
  TOTAL LIABILITIES, SHARES, & EQUITY 30,794,655
INCOME & EXPENSE  
 Loan Income 544,636
 Investment Income 332,527
 Other Income 148,441
 Total Employee Compensation & Benefits 290,762
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 252,854
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 20,000
 Cost of Funds 140,300
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 321,688
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