Credit Unions Near Me
National Credit Union Service Organization

STATE EMPLOYEES CREDIT UNION, NM
— 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 STATE EMPLOYEES CREDIT UNION, NM as of: December 31, 2023.
Charter Number: 65513

ASSETS$ Amount
CASH:  
 1. Cash on Hand 8,449,866
 2. Cash on Deposit (Amounts Deposited in Financial Institutions) 89,398,484
 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 94,913,747
 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 0
 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 0
LOANS AND LEASES:  
 16. TOTAL LOANS & LEASES 885,831,180
 17. Less: Allowance for Loan & Lease Losses 0
 18: Less: Allowance for Credit Losses on Loans & Leases 6,317,908
OTHER ASSETS:  
 19. Foreclosed and Repossessed Assets 765,984
 20. Land and Building 29,151,022
 21. Other Fixed Assets 1,530,058
 22. NCUA Share Insurance Capitalization Deposit 9,073,550
 23. Intangible Assets 0
 24. Other Assets 0
25. TOTAL ASSETS 1,152,307,021
LIABILITIES$ Amount
 1. Draws Against Lines of Credit 75,000,000
 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 75,000,000
 7. Non-Trading Derivative Liabilities 0
 8. Accrued Dividends & Interest Payable on Shares & Deposits 0
 9. Accounts Payable and Other Liabilities 11,462,591
 10. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures 0
SHARES/DEPOSITS:  
 11. Share Drafts 231,149,685
 12. Regular Shares 250,164,004
 13. Money Market Shares 93,990,680
 14. Share Certificates 291,409,552
 15. IRA/KEOGH Accounts 24,962,602
 16. All Other Shares 67,492,611
 17. TOTAL SHARES 959,169,134
 18. Nonmember Deposits 0
 19. TOTAL SHARES AND DEPOSITS 959,169,134
20. TOTAL LIABILITIES  
 21. Accounts Held by Member Public Units 806,255
 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) 172,336,287
 29. Dollar Amount of IRA/Keogh Accounts equal to or greater than $100,000 9,926,492
 30. Dollar Amount of Share Drafts Swept to Regular Shares or Money Market Accts as part of Sweep Program 0
 31. Dollar Amount of Commercial Share Accounts 45,624,828
 32. Negative Shares Included in All Other Unsecured Loans/Lines of Credit 409,733
EQUITY:  
 33. Undivided Earnings 122,953,519
 34. Regular Reserves 0
 35. Appropriation for Non-Conforming Investments (State Credit Unions ONLY) 0
 36. Other Reserves.(Appropriations of Undivided Earnings) 2,353,142
 37. Equity Acquired in Merger 0
 38. Miscellaneous Equity 0
 39. Other Comprehensive Income (not already included in items 40 - 43) -4,590,309
 40. Accumulated Unrealized Net Gains (Losses) on Cash Flow Hedges 0
 41. Accumulated Unrealized Gains (Losses) on Available for Sale Debt Securities -14,041,056
 42. Accumulated Unrealized Losses for OTTI (Due to Other Factors) on HTM Debt Securities 0
 43. Net Income (unless this amount is already included in Undivided Earnings) 0
44. TOTAL LIABILITIES, SHARES, AND EQUITY 1,152,307,021
Statement of Income & Expense$ Amount
INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE  
 1. Interest on Loans (Gross-before interest refunds) 41,027,994
 2. (Less) Interest Refunded 0
 3. Income from Investments (Including Interest and Dividends, excluding securities held in a trading account) 4,818,724
 4. Unrealized Gain (Loss) due to change in fair value of Equity and Trading Debt Securities 0
 5. TOTAL INTEREST INCOME 45,846,718
INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 6. Dividends on Shares (Includes dividends earned during current period) 12,789,489
 7. Interest on Deposits (Total interest expense for deposit accounts) (State Credit Union ONLY) 0
 8. Interest on Borrowed Money 3,763,556
 9. TOTAL INTEREST EXPENSE 16,553,045
 10. Provision for Loan & Lease Losses 0
 11. Total Credit Loss Expense 1,585,965
 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 6,382,897
 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) 0
 21. TOTAL NON-INTEREST INCOME 16,777,842
NON-INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE  
 22. Total Employee Compensation and Benefits 16,186,914
 23. Travel and Conference Expense 210,376
 24. Office Occupancy Expense 1,554,492
 25. Office Operations Expense 1,676,109
 26. Educational and Promotional Expenses 976,699
 27. Loan Servicing Expense 1,415,443
 28. Professional and Outside Services 6,591,657
 29. Total Member Insurance 0
 30. Operating Fees (Examination and/or supervision fees) 156,188
 31. Miscellaneous Operating Expenses 1,044,720
 32. TOTAL NON-INTEREST EXPENSE 29,812,598
33. NET INCOME (LOSS) 14,672,952
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 Loans12.504,900$6,557,148
 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 loans14.404,193$26,531,726
 5. New Vehicle Loans7.204,829$151,721,695
 6. Used Vehicle Loans7.5010,643$226,789,114
 7. Leases Receivable0.000$0
 8. All Other Secured Non-Real Estate Loans/Lines of Credit2.20980$15,888,666
 9. Loans/Lines of Credit Secured by a First Lien on a single 1- to 4- Family Residential Property6.201,022$150,856,912
 10. Loans/Lines of Credit Secured by a Junior Lien on a single 1- to 4- Family Residential Property8.8333$16,064,746
 11. All Other Real Estate Loans/Lines of Credit8.8048$2,547,868
Commercial Loans / Lines of Credit
 12. Commercial Loans/Lines of Credit Real Estate Secured7.20233$270,044,882
 13. Commercial Loans/Lines of Credit Not Real Estate Secured11.0046$18,828,423
 14. TOTAL LOANS & LEASES27,227$885,831,180
YEAR-TO-DATE LOAN INFORMATIONNumberAmount
 15. Loans Granted Year-to-Date6,748$274,430,169
  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 Staff39$3,289,289
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 Administration6$9,787,568$7,340,676
  b. Other Government Guaranteed0$0$0