Dec, 31, 2021 — DIXIE LINE CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $12.47 million in total assets. Opened 90 years ago in 1932, DIXIE LINE CREDIT UNION has about 904 members and employs 5 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: | 904 |
| 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: | $12,473,660 |
| CEO/Manager: | Melissia J Riddle |
| Chairperson: | Joe P Burns, Sr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,727,744 |
| TOTAL INVESTMENTS | 1,545,763 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,029,815 |
| Other Loans | 5,959,644 |
| TOTAL LOANS | 6,989,459 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -49,133 |
| Land And Building | 32,635 |
| Other Fixed Assets | 25,657 |
| NCUSIF Deposit | 109,424 |
| All Other Assets | 92,111 |
| TOTAL ASSETS | 12,473,660 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,599 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,105,298 |
| Regular shares | 3,580,062 |
| All Other Shares & Deposits | 5,704,350 |
| TOTAL SHARES & DEPOSITS | 10,389,710 |
| TOTAL LIABILITIES | 10,404,309 |
| Regular Reserve | 347,005 |
| Other Reserves | 0 |
| Undivided Earnings | 1,722,346 |
| TOTAL EQUITY | 2,069,351 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,473,660 |
| INCOME & EXPENSE | |
| Loan Income | 441,379 |
| Investment Income | 8,462 |
| Other Income | 25,121 |
| Total Employee Compensation & Benefits | 217,758 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 193,317 |
| Non-operating Income & (Expense) | 1,896 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -29,947 |
| Cost of Funds | 45,412 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 78,444 |
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