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TANGIPAHOA PARISH TEACHERS CREDIT UNION

Dec, 31, 2023 — TANGIPAHOA PARISH TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in AMITE, LA with 1 branch location and about $30.22 million in total assets. Opened 78 years ago in 1946, TANGIPAHOA PARISH TEACHERS CREDIT UNION has about 3,019 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)
411 E Oak st
AMITE, LA 70422-2821
Phone:(985) 748-5132
Fax:(985) 748-3916
Website:https://www.tangiteachers.com
Branches:1 branch locations
Members:3,019
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$30,224,408
CEO/Manager:Dixie Perez
Chairperson:Thomas Bellavia

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 286,394
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 9,258,047
 Unsecured Loans 1,384,940
 Other Loans 6,471,236
 TOTAL LOANS 17,114,223
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -86,533
 Land And Building 123,457
 Other Fixed Assets 18,017
 NCUSIF Deposit 203,173
 All Other Assets 0
  TOTAL ASSETS 30,224,408
LIABILITIES & CAPITAL:  
 Dividends Payable 15,568
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,746
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 13,431,788
 All Other Shares & Deposits 5,722,793
  TOTAL SHARES & DEPOSITS 19,154,581
  TOTAL LIABILITIES 19,174,895
 Regular Reserve 0
 Other Reserves 1,546,092
 Undivided Earnings 9,503,421
  TOTAL EQUITY 11,049,513
  TOTAL LIABILITIES, SHARES, & EQUITY 30,224,408
INCOME & EXPENSE  
 Loan Income 756,696
 Investment Income 186,541
 Other Income 27,409
 Total Employee Compensation & Benefits 337,177
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 287,381
 Non-operating Income & (Expense) 14,886
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 57,128
 Cost of Funds 190,600
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 81,470
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