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DIXIE LINE CREDIT UNION

Sep, 30, 2021 — DIXIE LINE CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $12.63 million in total assets. Opened 89 years ago in 1932, DIXIE LINE CREDIT UNION has about 897 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DIXIE LINE CREDIT UNION
Address:
(Main Office)
567 VERITAS ST
NASHVILLE, TN 37211
Phone:(615) 331-5121
Fax:(615) 833-9304
Website:http://www.dixieline.org
Branches:1 branch locations
Members:897
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67937
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1932
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,626,013
CEO/Manager:Kathy L Jones
Chairperson:Joe P Burns, Sr.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,018,983
TOTAL INVESTMENTS 1,297,763
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,002,575
 Other Loans 6,101,716
 TOTAL LOANS 7,104,291
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -49,015
 Land And Building 32,634
 Other Fixed Assets 24,021
 NCUSIF Deposit 109,424
 All Other Assets 87,912
  TOTAL ASSETS 12,626,013
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 29,288
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,366,446
 Regular shares 3,744,455
 All Other Shares & Deposits 5,430,402
  TOTAL SHARES & DEPOSITS 10,541,303
  TOTAL LIABILITIES 10,570,591
 Regular Reserve 337,730
 Other Reserves -10
 Undivided Earnings 1,717,702
  TOTAL EQUITY 2,055,422
  TOTAL LIABILITIES, SHARES, & EQUITY 12,626,013
INCOME & EXPENSE  
 Loan Income 325,440
 Investment Income 6,749
 Other Income 16,710
 Total Employee Compensation & Benefits 157,442
 NCUSIF Premiums Expense -972
 Total Other Operating Expenses 144,556
 Non-operating Income & (Expense) 1,422
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -28,554
 Cost of Funds 34,668
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 64,525
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