Dec, 31, 2023 — NORTHEAST PANHANDLE TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in PERRYTON, TX with 1 branch location and about $22.41 million in total assets. Opened 55 years ago in 1969, NORTHEAST PANHANDLE TEACHERS FEDERAL CREDIT UNION has about 2,557 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHEAST PANHANDLE TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 211 S Amherst St PERRYTON, TX 79070 |
| Phone: | (806) 435-9522 |
| Fax: | (806) 435-3927 |
| Website: | https://www.nptfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,557 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19171 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,406,923 |
| CEO/Manager: | Brandon H Wood |
| Chairperson: | Allan D Herbert |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,775,628 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 280,064 |
| Other Loans | 14,392,963 |
| TOTAL LOANS | 14,673,027 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -92,275 |
| Land And Building | 276,521 |
| Other Fixed Assets | 2,062 |
| NCUSIF Deposit | 194,123 |
| All Other Assets | 0 |
| TOTAL ASSETS | 22,406,923 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 28,605 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 18,135,584 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 18,135,584 |
| TOTAL LIABILITIES | 18,164,189 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,242,734 |
| TOTAL EQUITY | 4,242,734 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,406,923 |
| INCOME & EXPENSE | |
| Loan Income | 586,120 |
| Investment Income | 271,154 |
| Other Income | 4,971 |
| Total Employee Compensation & Benefits | 213,029 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 191,143 |
| Non-operating Income & (Expense) | 326,645 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,129 |
| Cost of Funds | 366,494 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 405,095 |
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