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National Credit Union Service Organization

CHAMPION 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 CHAMPION CREDIT UNION as of: June 30, 2021.
Charter Number: 63100

ASSETS$ Amount
CASH:  
 1. Cash on Hand 922,670
 2. Cash on Deposit (Amounts Deposited in Financial Institutions) 5,893,753
 3. Cash Equivalents (Investments with Original Maturities of Three Months or Less) 0
INVESTMENTS:  
 4. Equity Securities 0
 5. Trading Debut Securities 0
 6. Available-for-Sale Debt Securities 0
 7. Held-to-Maturity Debt Securities 7,206,000
 8. Deposits in commercial banks, S&Ls, savings banks 12,449,000
 9. Loans to and investments in natural person credit unions 6,506,000
 10. Nonperpetual Capital Account 461,713
 11. Perpetual Contributed Capital 0
 12. All other investments in corporate credit unions 12,000,000
 13. All other investments 0
 14. TOTAL INVESTMENTS 38,622,713
LOANS HELD FOR SALE:  
 15. Loans Held for Sale 0
LOANS AND LEASES:  
 16. TOTAL LOANS & LEASES 19,016,689
 17. Less: Allowance for Loan & Lease Losses 197,858
 18: Less: Allowance for Credit Losses on Loans & Leases 0
OTHER ASSETS:  
 19. Foreclosed and Repossessed Assets 0
 20. Land and Building 1,546,620
 21. Other Fixed Assets 160,960
 22. NCUA Share Insurance Capitalization Deposit 578,841
 23. Intangible Assets 0
 24. Other Assets 6,312,361
25. TOTAL ASSETS 72,856,749
LIABILITIES$ Amount
 1. Draws Against Lines of Credit 0
 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 0
 7. Non-Trading Derivative Liabilities 0
 8. Accrued Dividends & Interest Payable on Shares & Deposits 0
 9. Accounts Payable and Other Liabilities 1,130,712
 10. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures 0
SHARES/DEPOSITS:  
 11. Share Drafts 14,868,863
 12. Regular Shares 38,233,460
 13. Money Market Shares 7,559,189
 14. Share Certificates 1,731,951
 15. IRA/KEOGH Accounts 2,847,938
 16. All Other Shares 0
 17. TOTAL SHARES 65,241,401
 18. Nonmember Deposits 0
 19. TOTAL SHARES AND DEPOSITS 65,241,401
20. TOTAL LIABILITIES  
 21. Accounts Held by Member Public Units 0
 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) 222,284
 29. Dollar Amount of IRA/Keogh Accounts equal to or greater than $100,000 1,043,675
 30. Dollar Amount of Share Drafts Swept to Regular Shares or Money Market Accts as part of Sweep Program 0
 31. Dollar Amount of Commercial Share Accounts 0
 32. Negative Shares Included in All Other Unsecured Loans/Lines of Credit 24,589
EQUITY:  
 33. Undivided Earnings 5,162,462
 34. Regular Reserves 1,247,600
 35. Appropriation for Non-Conforming Investments (State Credit Unions ONLY) 0
 36. Other Reserves.(Appropriations of Undivided Earnings) 0
 37. Equity Acquired in Merger 833,809
 38. Miscellaneous Equity 0
 39. Other Comprehensive Income (not already included in items 40 - 43) -739,443
 40. Accumulated Unrealized Net Gains (Losses) on Cash Flow Hedges 0
 41. Accumulated Unrealized Gains (Losses) on Available for Sale Debt Securities 0
 42. Accumulated Unrealized Losses for OTTI (Due to Other Factors) on HTM Debt Securities 0
 43. Net Income (unless this amount is already included in Undivided Earnings) -19,792
44. TOTAL LIABILITIES, SHARES, AND EQUITY 72,856,749
Statement of Income & Expense$ Amount
INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 1. Interest on Loans (Gross-before interest refunds) 417,187
 2. (Less) Interest Refunded 0
 3. Income from Investments (Including Interest and Dividends, excluding securities held in a trading account) 174,566
 4. Unrealized Gain (Loss) due to change in fair value of Equity and Trading Debt Securities 0
 5. TOTAL INTEREST INCOME 591,753
INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 6. Dividends on Shares (Includes dividends earned during current period) 30,441
 7. Interest on Deposits (Total interest expense for deposit accounts) (State Credit Union ONLY) 0
 8. Interest on Borrowed Money 0
 9. TOTAL INTEREST EXPENSE 30,441
 10. Provision for Loan & Lease Losses 8,480
 11. Total Credit Loss Expense 0
 12. NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES or CREDIT LOSS EXPENSE 552,832
NON-INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 13. Fee Income 129,263
 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 0
 19. Gain from Bargain Purchase (Merger) 0
 20. Other Non-operating Income (Expense) 59,788
 21. TOTAL NON-INTEREST INCOME 548,982
NON-INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 22. Total Employee Compensation and Benefits 436,578
 23. Travel and Conference Expense 150
 24. Office Occupancy Expense 85,079
 25. Office Operations Expense 123,894
 26. Educational and Promotional Expenses 11,509
 27. Loan Servicing Expense 21,234
 28. Professional and Outside Services 381,773
 29. Total Member Insurance 14,403
 30. Operating Fees (Examination and/or supervision fees) 5,855
 31. Miscellaneous Operating Expenses 41,131
 32. TOTAL NON-INTEREST EXPENSE 1,121,606
33. NET INCOME (LOSS) -19,792
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 Loans14.99891$711,850
 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 loans14.00446$631,883
 5. New Vehicle Loans2.69165$2,558,075
 6. Used Vehicle Loans3.70654$6,784,220
 7. Leases Receivable0.000$0
 8. All Other Secured Non-Real Estate Loans/Lines of Credit6.7193$1,428,910
 9. Loans/Lines of Credit Secured by a First Lien on a single 1- to 4- Family Residential Property7.25123$6,000,092
 10. Loans/Lines of Credit Secured by a Junior Lien on a single 1- to 4- Family Residential Property7.2538$901,659
 11. All Other Real Estate Loans/Lines of Credit0.000$0
Commercial Loans / Lines of Credit
 12. Commercial Loans/Lines of Credit Real Estate Secured0.000$0
 13. Commercial Loans/Lines of Credit Not Real Estate Secured0.000$0
 14. TOTAL LOANS & LEASES2,410$19,016,689
YEAR-TO-DATE LOAN INFORMATIONNumberAmount
 15. Loans Granted Year-to-Date177$2,160,064
  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 Staff21$286,401
GOVERNMENT GUARANTEED LOANSNumberOutstanding BalanceGuaranteed Portion
 18. Non-Commercial Loans  
  a. 1. Small Business Administration13$123,629$123,629
  a. 2. Paycheck Protection Program Loans (Included in 18.a.1.)13$123,629-
  b. Other Government Guaranteed0$0$0
 19. Commercial Loans  
  a. Small Business Administration0$0$0
  b. Other Government Guaranteed0$0$0