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LISBON FARMERS UNION CREDIT UNION

Mar, 31, 2022 — LISBON FARMERS UNION CREDIT UNION is a federally insured state chartered credit union headquartered in LISBON, ND with 1 branch location and about $4.31 million in total assets. Opened 77 years ago in 1945, LISBON FARMERS UNION CREDIT UNION has about 241 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LISBON FARMERS UNION CREDIT UNION
Address:
(Main Office)
18 5th Ave W
LISBON, ND 58054-4113
Phone:(701) 683-2296
Fax:(701) 683-2312
Website:n/a
Branches:1 branch locations
Members:241
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:64688
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1945
Last Audited:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$4,310,817
CEO/Manager:Daniel R Wagner
Chairperson:OWEN TRANGSRUD

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,490,818
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,960,312
 Unsecured Loans 0
 Other Loans 735,160
 TOTAL LOANS 2,695,472
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -27,000
 Land And Building 60,348
 Other Fixed Assets 0
 NCUSIF Deposit 14,138
 All Other Assets 0
  TOTAL ASSETS 4,310,817
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 919
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,568,482
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,568,482
  TOTAL LIABILITIES 1,569,401
 Regular Reserve 0
 Other Reserves 2,764,788
 Undivided Earnings -23,372
  TOTAL EQUITY 2,741,416
  TOTAL LIABILITIES, SHARES, & EQUITY 4,310,817
INCOME & EXPENSE  
 Loan Income 19,602
 Investment Income 144
 Other Income 0
 Total Employee Compensation & Benefits 27,930
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 20,858
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -29,042
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