Dresser Alexandria Federal Credit Union
| Statement of Income and Expense as of December 31, 2010(Unaudited) |
|
Income: |
||
|
Interest on Loans |
$161,826.00 | |
|
Income on Investments |
100,528.00 | |
|
Fee Income |
24,113.00 | |
|
Other Operating Income |
2,199.00 | |
| MCA Depletion (Southwest Corp.) | (40,622.00) | |
|
Total Operating and Non-Operating Income |
$248,044.00 | |
|
Expense: |
||
|
Employee Compensation and Benefits |
$145,746.00 | |
|
Travel and Conference Expense |
0.00 | |
|
Office Occupancy Expense |
300.00 | |
|
Office Operations Expense |
31,290.00 | |
|
Credit Union Bond Premium Insurance |
10,220.00 | |
|
Educational and Promotional Expense |
0.00 | |
|
Loan Servicing Expense |
1,755.00 | |
|
Professional and Outside Expense |
12,645.00 | |
|
Member Insurance |
8,375.00 | |
|
Operating Fees (Examination and/or Supervision) |
1,643.00 | |
|
Miscellaneous Operating Expense |
13,512.00 | |
|
NCUSIF Stablilization Expense (Net) |
6,994.00 | |
| Temp. Corp. CU Stab. Fund Assessment | 7,651.00 | |
|
Dividends on Shares |
67,624.00 | |
|
Provision for Loan and Lease Loss |
(5,000.00) | |
|
Total Interest and Non-Interest Expense |
$302,755.00 | |
|
Net Loss |
(54,711.00) | |
| Statement of Financial Condition as of December 31, 2010(Unaudited) |
|
Cash on Hand and on Deposit |
$979,278.00 | |
|
Investments |
3,670,480.00 | |
|
Total Loans |
1,953,917.00 | |
|
Less: Allowance for Loan Loss |
(22,035.00) | |
|
Land, Building, and Other Fixed Assets |
105,220.00 | |
|
Total Assets |
$6,686,860.00 | |
|
Liabilities |
$12,729.00 | |
|
Total Shares and Deposits |
5,360,096.00 | |
|
Undivided Earnings |
768,271.00 | |
|
Regular Reserves |
523,498.00 | |
|
Other Reserves |
22,266.00 | |
|
Total Liabilities, Shares, and Equity |
$6,686,860.00 |
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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 |
