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KAN COLO CREDIT UNION

Dec, 31, 2021 — KAN COLO CREDIT UNION is a federally insured state chartered credit union headquartered in HOISINGTON, KS with 1 branch location and about $1.24 million in total assets. Opened 56 years ago in 1966, KAN COLO CREDIT UNION has about 121 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KAN COLO CREDIT UNION
Address:
(Main Office)
Kan Colo Credit Union
HOISINGTON, KS 67544
Phone:(620) 653-4415
Fax:
Website:n/a
Branches:1 branch locations
Members:121
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66036
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1966
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,239,202
CEO/Manager:Timothy McQuade
Chairperson:Chester S Freeman

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 297,266
TOTAL INVESTMENTS 615,758
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,956
 Other Loans 336,344
 TOTAL LOANS 339,300
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,010
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 7,196
 All Other Assets -308
  TOTAL ASSETS 1,239,202
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 475
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,093,327
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,093,327
  TOTAL LIABILITIES 1,093,802
 Regular Reserve 39,135
 Other Reserves 7,830
 Undivided Earnings 98,435
  TOTAL EQUITY 145,400
  TOTAL LIABILITIES, SHARES, & EQUITY 1,239,202
INCOME & EXPENSE  
 Loan Income 26,040
 Investment Income 6,330
 Other Income 467
 Total Employee Compensation & Benefits 9,384
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,743
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,684
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,459
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