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TANGIPAHOA PARISH TEACHERS CREDIT UNION

Dec, 31, 2021 — TANGIPAHOA PARISH TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in AMITE, LA with 1 branch location and about $32.13 million in total assets. Opened 76 years ago in 1946, TANGIPAHOA PARISH TEACHERS CREDIT UNION has about 3,027 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:http://www.tangiteachers.com
Branches:1 branch locations
Members:3,027
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$32,133,060
CEO/Manager:Dixie Perez
Chairperson:Thomas Bellavia

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,385,723
TOTAL INVESTMENTS 17,285,323
Loans Held for Sale 0
 
 Real Estate Loans 4,646,415
 Unsecured Loans 1,037,756
 Other Loans 4,486,346
 TOTAL LOANS 10,170,517
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -115,696
 Land And Building 132,098
 Other Fixed Assets 31,403
 NCUSIF Deposit 201,285
 All Other Assets 42,407
  TOTAL ASSETS 32,133,060
LIABILITIES & CAPITAL:  
 Dividends Payable 9,203
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,600
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 16,174,322
 All Other Shares & Deposits 5,152,108
  TOTAL SHARES & DEPOSITS 21,326,430
  TOTAL LIABILITIES 21,340,233
 Regular Reserve 1,546,092
 Other Reserves 0
 Undivided Earnings 9,246,735
  TOTAL EQUITY 10,792,827
  TOTAL LIABILITIES, SHARES, & EQUITY 32,133,060
INCOME & EXPENSE  
 Loan Income 506,563
 Investment Income 269,363
 Other Income 23,264
 Total Employee Compensation & Benefits 294,887
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 276,307
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 114,936
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 279,761
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