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National Credit Union Service Organization

ALTURA CREDIT UNION
— Statement of Financial Condition

Then NCUA provides quarterly Call Reports using accounting and statistical information from each credit union. The Call Report includes Balance Sheet, Income Statement and more.

Statement of financial condition for ALTURA CREDIT UNION as of: June 30, 2024.
Charter Number: 62799

ASSETS$ Amount
CASH:  
 1. Cash on Hand 29,686,137
 2. Cash on Deposit (Amounts Deposited in Financial Institutions) 61,131,260
 3. Cash Equivalents (Investments with Original Maturities of Three Months or Less) 0
INVESTMENTS:  
 4. Equity Securities 4,340,065
 5. Trading Debut Securities 0
 6. Available-for-Sale Debt Securities 722,775,040
 7. Held-to-Maturity Debt Securities 0
 8. Deposits in commercial banks, S&Ls, savings banks 0
 9. Loans to and investments in natural person credit unions 0
 10. Nonperpetual Capital Account 0
 11. Perpetual Contributed Capital 2,250,000
 12. All other investments in corporate credit unions 0
 13. All other investments 0
 14. TOTAL INVESTMENTS 0
LOANS HELD FOR SALE:  
 15. Loans Held for Sale 620,000
LOANS AND LEASES:  
 16. TOTAL LOANS & LEASES 1,447,066,558
 17. Less: Allowance for Loan & Lease Losses 11,473,203
 18: Less: Allowance for Credit Losses on Loans & Leases 0
OTHER ASSETS:  
 19. Foreclosed and Repossessed Assets 152,598
 20. Land and Building 32,895,343
 21. Other Fixed Assets 9,025,973
 22. NCUA Share Insurance Capitalization Deposit 19,826,232
 23. Intangible Assets 0
 24. Other Assets 0
25. TOTAL ASSETS 2,399,557,587
LIABILITIES$ Amount
 1. Draws Against Lines of Credit 40,000,000
 2. Other Notes, Promissory Notes and Interest Payable 0
 3. Borrowing Repurchase Transactions 0
 4. Subordinated Debt 0
 5. Subordinated Debt included in Net Worth 0
 6. TOTALS 40,000,000
 7. Non-Trading Derivative Liabilities 0
 8. Accrued Dividends & Interest Payable on Shares & Deposits 0
 9. Accounts Payable and Other Liabilities 38,367,637
 10. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures 0
SHARES/DEPOSITS:  
 11. Share Drafts 625,767,849
 12. Regular Shares 664,384,112
 13. Money Market Shares 675,216,984
 14. Share Certificates 197,875,302
 15. IRA/KEOGH Accounts 41,439,106
 16. All Other Shares 0
 17. TOTAL SHARES 2,204,683,353
 18. Nonmember Deposits 0
 19. TOTAL SHARES AND DEPOSITS 2,204,683,353
20. TOTAL LIABILITIES  
 21. Accounts Held by Member Public Units 11,125,683
 22. Accounts Held by Nonmember Public Units 0
 23. Employee Benefit Member Shares 0
 24. Employee Benefit Nonmember Shares 0
 25. 529 Plan Member Deposits 0
 26. Non-dollar denominated deposits 0
 27. Health Savings Account 0
 28. Dollar Amount of Share Certificates equal to or greater than $100,000 (Excluding brokered share certificates participated out by the broker in shares of less than $100,000) 119,384,911
 29. Dollar Amount of IRA/Keogh Accounts equal to or greater than $100,000 14,050,338
 30. Dollar Amount of Share Drafts Swept to Regular Shares or Money Market Accts as part of Sweep Program 0
 31. Dollar Amount of Commercial Share Accounts 55,897,425
 32. Negative Shares Included in All Other Unsecured Loans/Lines of Credit 1,286,605
EQUITY:  
 33. Undivided Earnings 184,191,899
 34. Regular Reserves 0
 35. Appropriation for Non-Conforming Investments (State Credit Unions ONLY) 0
 36. Other Reserves.(Appropriations of Undivided Earnings) 0
 37. Equity Acquired in Merger 25,022,257
 38. Miscellaneous Equity 0
 39. Other Comprehensive Income (not already included in items 40 - 43) 0
 40. Accumulated Unrealized Net Gains (Losses) on Cash Flow Hedges 0
 41. Accumulated Unrealized Gains (Losses) on Available for Sale Debt Securities -107,056,654
 42. Accumulated Unrealized Losses for OTTI (Due to Other Factors) on HTM Debt Securities 0
 43. Net Income (unless this amount is already included in Undivided Earnings) 14,349,095
44. TOTAL LIABILITIES, SHARES, AND EQUITY 2,399,557,587
Statement of Income & Expense$ Amount
INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 1. Interest on Loans (Gross-before interest refunds) 43,296,065
 2. (Less) Interest Refunded 0
 3. Income from Investments (Including Interest and Dividends, excluding securities held in a trading account) 9,990,912
 4. Unrealized Gain (Loss) due to change in fair value of Equity and Trading Debt Securities 0
 5. TOTAL INTEREST INCOME 53,286,977
INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 6. Dividends on Shares (Includes dividends earned during current period) 5,166,717
 7. Interest on Deposits (Total interest expense for deposit accounts) (State Credit Union ONLY) 0
 8. Interest on Borrowed Money 247,003
 9. TOTAL INTEREST EXPENSE 5,413,720
 10. Provision for Loan & Lease Losses 3,656,514
 11. Total Credit Loss Expense 0
 12. NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES or CREDIT LOSS EXPENSE 0
NON-INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 13. Fee Income 12,569,174
 14. Other Operating Income (Includes unconsolidated CUSO Income and Gain (Loss) associated with the Hedged Item (NonInvestment Assets) in a Non-Trading, Fair Value (FV) Derivatives Hedge) 0
 15. Gain (Loss) on Equity Securities (DO NOT include Gain (Loss) on other securities) 0
 16. Gain (Loss) on Other Securities (DO NOT include Gain or Loss on Equity Securities) 0
 17. Gain (Loss) on Non-Trading Derivatives 0
 18. Gain (Loss) on Disposition of Fixed Assets 23,622
 19. Gain from Bargain Purchase (Merger) 0
 20. Other Non-operating Income (Expense) 17,454
 21. TOTAL NON-INTEREST INCOME 32,388,238
NON-INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 22. Total Employee Compensation and Benefits 31,257,455
 23. Travel and Conference Expense 843,203
 24. Office Occupancy Expense 5,008,294
 25. Office Operations Expense 9,181,271
 26. Educational and Promotional Expenses 2,119,399
 27. Loan Servicing Expense 8,351,696
 28. Professional and Outside Services 2,796,509
 29. Total Member Insurance 0
 30. Operating Fees (Examination and/or supervision fees) 195,020
 31. Miscellaneous Operating Expenses 2,503,039
 32. TOTAL NON-INTEREST EXPENSE 62,255,886
33. NET INCOME (LOSS) 14,349,095
RESERVE TRANSFERS YEAR-TO-DATE FOR THE CYCLE  
 34. Transfer to Regular Reserves 0
Interest Rate# LoansAmount
Non-Commercial Loans/Lines of Credit
 1. Unsecured Credit Card Loans11.9931,148$37,759,548
 2. Payday Alternative Loans (PALs I and PALs II)0.000$0
 3. Non-Federally Guaranteed Student Loans0.000$0
 4. All Other Unsecured Loans/Lines of Credit - include SBA PPP loans8.497,386$32,866,549
 5. New Vehicle Loans3.4912,073$284,355,891
 6. Used Vehicle Loans3.9922,771$394,228,337
 7. Leases Receivable0.000$0
 8. All Other Secured Non-Real Estate Loans/Lines of Credit6.498,980$41,085,461
 9. Loans/Lines of Credit Secured by a First Lien on a single 1- to 4- Family Residential Property7.631,641$381,203,352
 10. Loans/Lines of Credit Secured by a Junior Lien on a single 1- to 4- Family Residential Property8.061,083$40,438,365
 11. All Other Real Estate Loans/Lines of Credit0.000$0
Commercial Loans / Lines of Credit
 12. Commercial Loans/Lines of Credit Real Estate Secured4.50124$235,019,394
 13. Commercial Loans/Lines of Credit Not Real Estate Secured7.7513$109,661
 14. TOTAL LOANS & LEASES85,219$1,447,066,558
YEAR-TO-DATE LOAN INFORMATIONNumberAmount
 15. Loans Granted Year-to-Date17,979$498,179,600
  a. Payday Alternative Loans (PALs I and PALs II) Granted Year-to-Date0$0
MISCELLANEOUS LOAN INFORMATIONNumberAmount
 16. Non-Federally Guaranteed Student Loans in Deferred Status0$0
 17. Loans Outstanding to Credit Union Officials and Senior Executive Staff29$2,262,135
GOVERNMENT GUARANTEED LOANSNumberOutstanding BalanceGuaranteed Portion
 18. Non-Commercial Loans  
  a. 1. Small Business Administration0$0$0
  a. 2. Paycheck Protection Program Loans (Included in 18.a.1.)0$0-
  b. Other Government Guaranteed0$0$0
 19. Commercial Loans  
  a. Small Business Administration0$0$0
  b. Other Government Guaranteed0$0$0