Then NCUA provides quarterly Call Reports using accounting and statistical information from each credit union. The Call Report includes Balance Sheet, Income Statement and more.
Statement of financial condition for L & N FEDERAL CREDIT UNION as of: December 31, 2023.
Charter Number: 9260
ASSETS | $ Amount |
---|---|
CASH: | |
1. Cash on Hand | 17,960,511 |
2. Cash on Deposit (Amounts Deposited in Financial Institutions) | 77,059,371 |
3. Cash Equivalents (Investments with Original Maturities of Three Months or Less) | 0 |
INVESTMENTS: | |
4. Equity Securities | 0 |
5. Trading Debut Securities | 0 |
6. Available-for-Sale Debt Securities | 0 |
7. Held-to-Maturity Debt Securities | 188,135,339 |
8. Deposits in commercial banks, S&Ls, savings banks | 0 |
9. Loans to and investments in natural person credit unions | 0 |
10. Nonperpetual Capital Account | 0 |
11. Perpetual Contributed Capital | 1,484,387 |
12. All other investments in corporate credit unions | 0 |
13. All other investments | 0 |
14. TOTAL INVESTMENTS | 0 |
LOANS HELD FOR SALE: | |
15. Loans Held for Sale | 0 |
LOANS AND LEASES: | |
16. TOTAL LOANS & LEASES | 1,615,109,456 |
17. Less: Allowance for Loan & Lease Losses | 0 |
18: Less: Allowance for Credit Losses on Loans & Leases | 4,939,983 |
OTHER ASSETS: | |
19. Foreclosed and Repossessed Assets | 44,936 |
20. Land and Building | 50,629,953 |
21. Other Fixed Assets | 8,669,648 |
22. NCUA Share Insurance Capitalization Deposit | 15,591,278 |
23. Intangible Assets | 0 |
24. Other Assets | 0 |
25. TOTAL ASSETS | 2,078,773,147 |
LIABILITIES | $ Amount |
---|---|
1. Draws Against Lines of Credit | 68,498,209 |
2. Other Notes, Promissory Notes and Interest Payable | 0 |
3. Borrowing Repurchase Transactions | 0 |
4. Subordinated Debt | 0 |
5. Subordinated Debt included in Net Worth | 0 |
6. TOTALS | 68,498,209 |
7. Non-Trading Derivative Liabilities | 0 |
8. Accrued Dividends & Interest Payable on Shares & Deposits | 0 |
9. Accounts Payable and Other Liabilities | 19,945,844 |
10. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures | 100,000 |
SHARES/DEPOSITS: | |
11. Share Drafts | 277,849,690 |
12. Regular Shares | 473,600,378 |
13. Money Market Shares | 400,650,370 |
14. Share Certificates | 467,925,259 |
15. IRA/KEOGH Accounts | 140,529,889 |
16. All Other Shares | 3,470,726 |
17. TOTAL SHARES | 1,764,026,312 |
18. Nonmember Deposits | 0 |
19. TOTAL SHARES AND DEPOSITS | 1,764,026,312 |
20. TOTAL LIABILITIES | |
21. Accounts Held by Member Public Units | 0 |
22. Accounts Held by Nonmember Public Units | 0 |
23. Employee Benefit Member Shares | 0 |
24. Employee Benefit Nonmember Shares | 0 |
25. 529 Plan Member Deposits | 0 |
26. Non-dollar denominated deposits | 0 |
27. Health Savings Account | 0 |
28. Dollar Amount of Share Certificates equal to or greater than $100,000 (Excluding brokered share certificates participated out by the broker in shares of less than $100,000) | 235,156,145 |
29. Dollar Amount of IRA/Keogh Accounts equal to or greater than $100,000 | 54,316,737 |
30. Dollar Amount of Share Drafts Swept to Regular Shares or Money Market Accts as part of Sweep Program | 0 |
31. Dollar Amount of Commercial Share Accounts | 98,374,921 |
32. Negative Shares Included in All Other Unsecured Loans/Lines of Credit | 638,957 |
EQUITY: | |
33. Undivided Earnings | 212,631,641 |
34. Regular Reserves | 0 |
35. Appropriation for Non-Conforming Investments (State Credit Unions ONLY) | 0 |
36. Other Reserves.(Appropriations of Undivided Earnings) | 13,571,141 |
37. Equity Acquired in Merger | 0 |
38. Miscellaneous Equity | 0 |
39. Other Comprehensive Income (not already included in items 40 - 43) | 0 |
40. Accumulated Unrealized Net Gains (Losses) on Cash Flow Hedges | 0 |
41. Accumulated Unrealized Gains (Losses) on Available for Sale Debt Securities | 0 |
42. Accumulated Unrealized Losses for OTTI (Due to Other Factors) on HTM Debt Securities | 0 |
43. Net Income (unless this amount is already included in Undivided Earnings) | 0 |
44. TOTAL LIABILITIES, SHARES, AND EQUITY | 2,078,773,147 |
Statement of Income & Expense | $ Amount |
---|---|
INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE | |
1. Interest on Loans (Gross-before interest refunds) | 68,245,102 |
2. (Less) Interest Refunded | 0 |
3. Income from Investments (Including Interest and Dividends, excluding securities held in a trading account) | 10,097,054 |
4. Unrealized Gain (Loss) due to change in fair value of Equity and Trading Debt Securities | 0 |
5. TOTAL INTEREST INCOME | 78,342,156 |
INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE | |
6. Dividends on Shares (Includes dividends earned during current period) | 30,890,151 |
7. Interest on Deposits (Total interest expense for deposit accounts) (State Credit Union ONLY) | 0 |
8. Interest on Borrowed Money | 1,428,205 |
9. TOTAL INTEREST EXPENSE | 32,318,356 |
10. Provision for Loan & Lease Losses | 0 |
11. Total Credit Loss Expense | 821,000 |
12. NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES or CREDIT LOSS EXPENSE | 0 |
NON-INTEREST INCOME YEAR-TO-DATE FOR THE CYCLE | |
13. Fee Income | 11,343,209 |
14. Other Operating Income (Includes unconsolidated CUSO Income and Gain (Loss) associated with the Hedged Item (NonInvestment Assets) in a Non-Trading, Fair Value (FV) Derivatives Hedge) | 0 |
15. Gain (Loss) on Equity Securities (DO NOT include Gain (Loss) on other securities) | 0 |
16. Gain (Loss) on Other Securities (DO NOT include Gain or Loss on Equity Securities) | 0 |
17. Gain (Loss) on Non-Trading Derivatives | 0 |
18. Gain (Loss) on Disposition of Fixed Assets | 0 |
19. Gain from Bargain Purchase (Merger) | 0 |
20. Other Non-operating Income (Expense) | 0 |
21. TOTAL NON-INTEREST INCOME | 24,519,422 |
NON-INTEREST EXPENSE YEAR-TO-DATE FOR THE CYCLE | |
22. Total Employee Compensation and Benefits | 30,601,869 |
23. Travel and Conference Expense | 462,740 |
24. Office Occupancy Expense | 4,781,626 |
25. Office Operations Expense | 5,346,109 |
26. Educational and Promotional Expenses | 3,638,697 |
27. Loan Servicing Expense | 2,269,776 |
28. Professional and Outside Services | 7,921,575 |
29. Total Member Insurance | 10,000 |
30. Operating Fees (Examination and/or supervision fees) | 309,644 |
31. Miscellaneous Operating Expenses | 885,916 |
32. TOTAL NON-INTEREST EXPENSE | 56,227,952 |
33. NET INCOME (LOSS) | 13,494,270 |
RESERVE TRANSFERS YEAR-TO-DATE FOR THE CYCLE | |
34. Transfer to Regular Reserves | 0 |
Interest Rate | # Loans | Amount | |
---|---|---|---|
Non-Commercial Loans/Lines of Credit | |||
1. Unsecured Credit Card Loans | 13.39 | 8,315 | $12,600,516 |
2. Payday Alternative Loans (PALs I and PALs II) | 0.00 | 0 | $0 |
3. Non-Federally Guaranteed Student Loans | 0.00 | 0 | $0 |
4. All Other Unsecured Loans/Lines of Credit - include SBA PPP loans | 13.11 | 5,909 | $12,304,359 |
5. New Vehicle Loans | 5.28 | 985 | $21,466,009 |
6. Used Vehicle Loans | 6.70 | 5,052 | $66,572,401 |
7. Leases Receivable | 0.00 | 0 | $0 |
8. All Other Secured Non-Real Estate Loans/Lines of Credit | 4.36 | 807 | $8,428,180 |
9. Loans/Lines of Credit Secured by a First Lien on a single 1- to 4- Family Residential Property | 4.30 | 5,497 | $759,462,699 |
10. Loans/Lines of Credit Secured by a Junior Lien on a single 1- to 4- Family Residential Property | 6.77 | 3,354 | $113,359,567 |
11. All Other Real Estate Loans/Lines of Credit | 5.41 | 3 | $103,167 |
Commercial Loans / Lines of Credit | |||
12. Commercial Loans/Lines of Credit Real Estate Secured | 4.43 | 280 | $620,458,379 |
13. Commercial Loans/Lines of Credit Not Real Estate Secured | 4.56 | 2 | $354,179 |
14. TOTAL LOANS & LEASES | 30,204 | $1,615,109,456 | |
YEAR-TO-DATE LOAN INFORMATION | Number | Amount | |
15. Loans Granted Year-to-Date | 7,056 | $335,427,359 | |
a. Payday Alternative Loans (PALs I and PALs II) Granted Year-to-Date | 0 | $0 | |
MISCELLANEOUS LOAN INFORMATION | Number | Amount | |
16. Non-Federally Guaranteed Student Loans in Deferred Status | 0 | $0 | |
17. Loans Outstanding to Credit Union Officials and Senior Executive Staff | 56 | $6,044,389 | |
GOVERNMENT GUARANTEED LOANS | Number | Outstanding Balance | Guaranteed Portion |
18. Non-Commercial Loans | |||
a. 1. Small Business Administration | 0 | $0 | $0 |
a. 2. Paycheck Protection Program Loans (Included in 18.a.1.) | 0 | $0 | - |
b. Other Government Guaranteed | 0 | $0 | $0 |
19. Commercial Loans | |||
a. Small Business Administration | 0 | $0 | $0 |
b. Other Government Guaranteed | 0 | $0 | $0 |