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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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