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PARIS DISTRICT CREDIT UNION

Dec, 31, 2023 — PARIS DISTRICT CREDIT UNION is a federally insured state chartered credit union headquartered in PARIS, TX with 1 branch location and about $473,970 in total assets. Opened 72 years ago in 1952, PARIS DISTRICT CREDIT UNION has about 209 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PARIS DISTRICT CREDIT UNION
Address:
(Main Office)
500 Clarksville St
PARIS, TX 75460-5974
Phone:(903) 785-5424
Fax:(903) 739-8050
Website:n/a
Branches:1 branch locations
Members:209
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67499
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1952
Last Audited:Nov 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$473,970
CEO/Manager:Thomas E Hodges
Chairperson:Timothy K Thompson

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 35,274
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 57,165
 Other Loans 164,194
 TOTAL LOANS 221,359
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,108
 Land And Building 0
 Other Fixed Assets 281
 NCUSIF Deposit 5,769
 All Other Assets 0
  TOTAL ASSETS 473,970
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 200
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 388,101
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 388,101
  TOTAL LIABILITIES 388,301
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 85,669
  TOTAL EQUITY 85,669
  TOTAL LIABILITIES, SHARES, & EQUITY 473,970
INCOME & EXPENSE  
 Loan Income 15,749
 Investment Income 10,787
 Other Income 3
 Total Employee Compensation & Benefits 6,544
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,729
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,108
 Cost of Funds 6,014
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,856
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