Dresser Alexandria Federal Credit Union
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 Statement of Income and Expense as of December 31, 2016(Audited)

Income:

Interest on Loans

  $184,922.00

Income on Investments

  26,276.00

Fee Income

  22,524.00

Other Operating Income

  9,131.00
           
     

Total Operating and Non-Operating Income

  $242,853.00
   

Expense:

Employee Compensation and Benefits

  $173,366.00

Travel and Conference Expense

  0.00

Office Occupancy Expense

  6,984.00

Office Operations Expense

  62,209.00

Credit Union Bond Premium Insurance

  11,298.00

Educational and Promotional Expense

  553.00

Loan Servicing Expense

  2,426.00

Professional and Outside Expense

  13,170.00

Member Insurance

  0.00

Operating Fees (Examination and/or Supervision)

  1,026.00

Miscellaneous Operating Expense

  16,690.00

 

 
   

Dividends on Shares

  16,132.00

Provision for Loan and Lease Loss

  10,028.00
   

Total Interest and Non-Interest Expense

  $313,882.00
 

Net Loss

  71,029.00
        

 Statement of Financial Condition as of December 31, 2016(Audited)

Cash on Hand and on Deposit

$935,365.00

Investments

1,540,480.00

Total Loans

2,428,101.00

        Less: Allowance for Loan Loss

(30,970.00)

Land, Building, and Other Fixed Assets

645,174.00
 

Total Assets

$5,518,150.00
 

Liabilities

$36,794.00

Total Shares and Deposits

4,319,183.00

Undivided Earnings

638,675.00

Regular Reserves

523,498.00

Other Reserves

0.00
 

Total Liabilities, Shares, and Equity

$5,518,150.00




 
     



Dresser Alexandria
Federal Credit Union

Monday - Thursday
9am - 4pm
Friday 9am - 4:30pm

Drive Thru Opens at 8:30am daily
Physical Address:
    8034 Shreveport Hwy
Pineville, LA 71360
Nikki Savage, Teller
Phone: 318-704-6545
Fax: 318-704-6618
Mailing Address:
P O Box 700
Tioga, LA 71477-0700

Carolyn Guidry
Manager
318-704-6546
cguidry@dresserfcu.org
Penny Davies
Operations Manager
318-704-6583
pdavies@dresserfcu.org
Monica Weis
   Lending Officer        
318-704-6586
            mweis@dresserfcu.org           
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