Dresser Alexandria Federal Credit Union
| Statement of Income and Expense as of December 31, 2009 (Unaudited) |
|
Income: |
||
|
Interest on Loans |
$189,539.00 | |
|
Income on Investments |
137,804.00 | |
|
Fee Income |
23,358.00 | |
|
Other Operating Income |
2,630.00 | |
|
Total Operating and Non-Operating Income |
$353,331.00 | |
|
Expense: |
||
|
Employee Compensation and Benefits |
$144,885.00 | |
|
Travel and Conference Expense |
0.00 | |
|
Office Occupancy Expense |
6,434.00 | |
|
Office Operations Expense |
32,119.00 | |
|
Credit Union Bond Premium Insurance |
10,784.00 | |
|
Educational and Promotional Expense |
0.00 | |
|
Loan Servicing Expense |
1,300.00 | |
|
Professional and Outside Expense |
10,205.00 | |
|
Member Insurance |
11,147.00 | |
|
Operating Fees (Examination and/or Supervision) |
1,687.00 | |
|
Miscellaneous Operating Expense |
15,996.00 | |
|
NCUSIF Stablilization Expense (Net) |
8,573.00 | |
|
Dividends on Shares |
95,052.00 | |
|
Provision for Loan and Lease Loss |
0.00 | |
|
Total Interest and Non-Interest Expense |
$338,182.00 | |
|
Net Income(before MCA Depletion) |
$15,149.00 | |
|
MCA Depletion (Southwest Corp.) |
26,338.00 | |
|
Net Loss after MCA Depletion |
11,189.00 | |
| Statement of Financial Condition as of December 31, 2009 (Unaudited) |
|
Cash on Hand and on Deposit |
$952,483.00 | |
|
Investments |
3,676,102.00 | |
|
Total Loans |
2,304,361.00 | |
|
Less: Allowance for Loan Loss |
35,476.00 | |
|
Land, Building, and Other Fixed Assets |
114,581.00 | |
|
Total Assets |
$7,012,051.00 | |
|
Liabilities |
$11,345.00 | |
|
Total Shares and Deposits |
5,631,960.00 | |
|
Undivided Earnings |
822,982.00 | |
|
Regular Reserves |
523,498.00 | |
|
Other Reserves |
22,266.00 | |
|
Total Liabilities, Shares, and Equity |
$7,012,051.00 |
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| Dresser Alexandria Federal Credit Union Monday - Friday 8:00am - 4:30pm |
Physical Address:
8011 Shreveport Hwy Pineville, LA 71360 Fax: 318-640-6147 |
Mailing Address:
P O Box 700 Tioga, LA 71477-0700 |
| Carolyn Guidry Manager 318-640-6002 cguidry@dresserfcu.org |
Penny Davies Operations Manager 318-640-6247 pdavies@dresserfcu.org |
Cheri Doucet Loan Officer 318-640-6272 cdoucet@dresserfcu.org |
