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 |
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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 |
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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 |
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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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