Civic Intelligence

Smart Financial Credit Union

990 • Fiscal year 2019 • EIN 74-0695355

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 03, 2020

Organization ProfileWWW.SMARTCU.ORG

View Organization Page

6051 North Course DriveHouston, TX 77072

(713) 850-1600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.91x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

14.64x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Net Margin

23rd percentile

8.8%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

95th percentile

$1,063,796

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Asset Growth

16th percentile

1.8%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

1.2%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$699,427,314

Up $12,463,145 (+1.8%) from 2018

Net Assets

Up

$64,015,393

Up $1,445,428 (+2.3%) from 2018

Liabilities

Up

$635,411,921

Up $11,017,717 (+1.8%) from 2018

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin23rd percentile

Revenue

Up

$43,400,030

Up $500,497 (+1.2%) from 2018

Expenses

Up

$39,560,547

Up $1,207,324 (+3.1%) from 2018

Net Income

Down

$3,839,483

Down $706,827 (-16%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0B$500M$0Assets 2010: $445,090,850Liabilities 2010: $410,576,060Net Assets 2010: $34,514,7902010Assets 2011: $481,975,837Liabilities 2011: $447,324,700Net Assets 2011: $34,651,1372011Assets 2012: $527,682,058Liabilities 2012: $487,147,161Net Assets 2012: $40,534,8972012Assets 2013: $561,422,083Liabilities 2013: $512,709,004Net Assets 2013: $48,713,0792013Assets 2014: $607,991,262Liabilities 2014: $559,385,531Net Assets 2014: $48,605,7312014Assets 2015: $632,836,512Liabilities 2015: $581,888,835Net Assets 2015: $50,947,6772015Assets 2016: $649,586,275Liabilities 2016: $596,255,627Net Assets 2016: $53,330,6482016Assets 2017: $700,073,087Liabilities 2017: $644,934,647Net Assets 2017: $55,138,4402017Assets 2018: $686,964,169Liabilities 2018: $624,394,204Net Assets 2018: $62,569,9652018Assets 2019: $699,427,314Liabilities 2019: $635,411,921Net Assets 2019: $64,015,3932019Assets 2020: $785,559,214Liabilities 2020: $724,817,746Net Assets 2020: $60,741,4682020Assets 2021: $863,045,485Liabilities 2021: $794,413,867Net Assets 2021: $68,631,6182021Assets 2022: $858,528,681Liabilities 2022: $794,573,403Net Assets 2022: $63,955,2782022Assets 2023: $848,281,672Liabilities 2023: $776,160,257Net Assets 2023: $72,121,4152023Assets 2024: $783,377,617Liabilities 2024: $698,361,063Net Assets 2024: $85,016,5542024

Highlighted filing

2019

Assets$699,427,314
Liabilities$635,411,921
Net Assets$64,015,393
Open 2019 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $31,296,8632010Expenses 2011: $32,064,8102011Revenue 2012: $35,791,133Expenses 2012: $31,262,591Net Income 2012: $4,528,5422012Revenue 2013: $36,619,666Expenses 2013: $32,880,433Net Income 2013: $3,739,2332013Revenue 2014: $37,312,735Expenses 2014: $34,812,269Net Income 2014: $2,500,4662014Revenue 2015: $40,989,328Expenses 2015: $35,701,426Net Income 2015: $5,287,9022015Revenue 2016: $41,376,873Expenses 2016: $39,474,333Net Income 2016: $1,902,5402016Revenue 2017: $41,143,914Expenses 2017: $38,926,554Net Income 2017: $2,217,3602017Revenue 2018: $42,899,533Expenses 2018: $38,353,223Net Income 2018: $4,546,3102018Revenue 2019: $43,400,030Expenses 2019: $39,560,547Net Income 2019: $3,839,4832019Revenue 2020: $37,952,681Expenses 2020: $38,345,111Net Income 2020: -$392,4302020Revenue 2021: $34,269,474Expenses 2021: $30,250,714Net Income 2021: $4,018,7602021Revenue 2022: $39,299,069Expenses 2022: $34,267,295Net Income 2022: $5,031,7742022Revenue 2023: $46,366,482Expenses 2023: $43,302,703Net Income 2023: $3,063,7792023Revenue 2024: $47,907,359Expenses 2024: $45,848,422Net Income 2024: $2,058,9372024

Highlighted filing

2019

Revenue$43,400,030
Expenses$39,560,547
Net Income$3,839,483
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 3, 2020
Return Version
2019v5.1
Gross Receipts
$56,545,265
Mission and Program Overview

Mission

Advocate. Relate. Educate.

To provide an excellent experience through every member-owner and co-worker interaction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$444,559,488$459,987,429▲ $15,427,941
Investments Other Securities$137,612,498$96,303,361▼ $41,309,137
Cash and Non-Interest-Bearing Accounts$42,468,106$85,905,730▲ $43,437,624
Rtn Earn Endowment Incm Other Fnds$62,569,965$64,015,393▲ $1,445,428
Land, Buildings, and Equipment, Net$27,681,487$27,259,364▼ $422,123
Receivables From Officers Etc$5,864,402$6,048,399▲ $183,997
Savings and Temporary Cash Investments$4,011,733$3,926,864▼ $84,869
Prepaid Expenses and Deferred Charges$2,363,425$2,132,790▼ $230,635
Accounts Receivable$228,548$229,010▲ $462
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$686,964,169$699,427,314▲ $12,463,145
Other Assets Total$22,174,482$17,634,367▼ $4,540,115
Liabilities
Other Liabilities$608,438,148$620,201,231▲ $11,763,083
Accounts Payable and Accrued Expenses$15,391,930$14,612,280▼ $779,650
Escrow Account Liability$564,126$598,410▲ $34,284
Total Liabilities$624,394,204$635,411,921▲ $11,017,717
Net Assets / Fund Balance
Total Net Assets Fund Balance$62,569,965$64,015,393▲ $1,445,428
Total Liabilities and Net Assets / Fund Balance$686,964,169$699,427,314▲ $12,463,145

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,959,775$4,951,071$20,910,846
Equipment$4,281,054$9,992,420$14,273,474
Land$5,723,245-$5,723,245
Other Land Buildings$1,295,290$939,637$2,234,927
Other Securities$1,718,073--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry SeidlCEOFT$361,045$702,751$1,063,796
Leann KaczynskiEvpFT$262,849$258,901$521,750
Angela ChanCFOFT$188,036$181,039$369,075
Jeffrey KeeneCLOFT$192,495$109,866$302,361
Michael PiwetzCIOFT$160,398$116,396$276,794
Loretta WolseyCROFT$147,599$65,423$213,022
Preston PriceSVP Member RelationsFT$143,313$57,620$200,933
Corbin WilsonSVP Member EngagementFT$132,170$54,842$187,012
Tricia SmithVP Lending ServicesFT$126,110$53,922$180,032
Darcy StpehensCPOFT$133,899$38,770$172,669

Board Members and Trustees

NameTitle
MICHAEL O'NEILLChairman
Chad G GreerVice-chairman
Angela CoxDirector
Douthulia GardnerDirector
Jeffrey W HamlinDirector
Larry FrazierDirector
Maria DiazSecretary
Tammie MooreTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Vantiv Holdings LLCCredit And Debit Card Processing8500 GOVERNORS HILL DRIVE, Symmes Township, OH 45249$1,136,518
Business Alliance Financial Services LlMbl Consulting, Loan Underwriting1162 OLIVER RD STE 8, Monroe, LA 71201$533,514
Winstead PCLaw Firm2728 N HARDWOOD ST, Dallas, TX 75201$213,082
Toolcaseinformant LLCIt Services5300 DTC PARKWAY SUITE 450, Greenwood Village, CO 80111$123,628
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$24,018,153
Investment Income
$3,658,297
Other Revenue
$15,723,580
Change in Net Assets
$3,839,483

Audited Revenue Reconciliation

Revenue per Audited Statements
$43,400,030
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$43,400,030
Total Revenue per Form 990
$43,400,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,077,405
Salaries, Compensation, and Employee Benefits$18,439,459
Grants and Similar Amounts Paid$43,683
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$11,802,130
Occupancy---$2,656,180
Current Officers, Directors, Trustees, and Key Employees---$2,533,776
Interest---$2,520,755
Depreciation Depletion---$2,446,599
Office Expenses---$2,356,936
All Other Expenses---$2,059,422
Pension Plan Contributions---$1,529,929
Other Employee Benefits---$1,523,942
Advertising---$1,214,526
Information Technology---$1,175,276
Payroll Taxes---$1,049,682
Other Expenses---$719,985
Insurance---$225,633
Fees for Services Accounting---$114,392
Fees for Services Legal---$107,667
Conferences and Meetings---$85,698
Travel---$71,833
Grants to Domestic Orgs---$43,683
Total Functional Expenses$0$0$0$39,560,547

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$39,560,547
Total Expenses per Audited Statements$39,560,547
Total Expenses per Form 990$39,560,547
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sf Public CharityHouston, TX501(c)3To Provide Funding to Allow the Foundation to Continue to Support the Education and Medical Communities Served by Smart Financial Credit Union.$36,515
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$5,864,402$6,048,399▲ $183,997
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$620,201,231
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union is owned by its members.”

Form 990, Part VI, Section A, Line 7A

“The credit union has eight board members elected to three-year terms. The members meet annually to elect the board of director open positions.”

Form 990, Part VI, Section A, Line 7B

“The members elect the board of directors and vote to dissolve or merge the credit union.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is presented at a regularly scheduled board meeting before filing.”

Form 990, Part VI, Section B, Line 12C

“The loss prevention analyst/compliance officer reminds the staff via e-mail semiannually of the requirements of the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The human resources committee enlists an independent compensation consultant to determine the ceo's compensation. Comparability data is used for arriving at compensation amounts for other officers and key employees.”

Form 990, Part VI, Section C, Line 19

“Copies of the financial statements are displayed at the branches. The governing documents, conflict of interest policy, and the financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Smart Financial Credit Union
EIN
74-0695355
Phone
7138501600
Address
6051 NORTH COURSE DRIVE, HOUSTON, TX 77072

Signing Officer

Name
Larry Seidl
Title
CEO
Phone
7138501600
Signed
2020-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Seidl
Formed
1934
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
282
Volunteers
12

Preparer

Firm
Warren Averett LLC
Address
316 SOUTH BAYLEN ST SUITE 300, PENSACOLA, FL 32502
Preparer
Claire C Duren CPA
Phone
8504357400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Fasb asc 715 pension liability unrealized gain -3,730,729.”

Form 990, Part XII, Line 2C

“The credit union has an audit committee that assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”

Financial Statement Notes

PART IV, LINE 2B:

“The credit union holds escrowed funds for the payment of property taxes and homeowners' insurance as a service to our members who have mortgages with the credit union.”

PART X, LINE 2:

“Effective january 1, 2009, the credit union implemented the new accounting requirements associated with uncertainty in income taxes using the provisions of fasb asc 740, income taxes. The guidance prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required before being recognized in the financial statements. It also provided guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of december 31, 2019, the credit union has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Additionally, there were no interest and penalties related to income taxes. With few exceptions, the credit union is no longer subject to u.s. Federal, state and local income tax examinations by tax authorities for years before 2016.”

Raw XML AppendixShowing 400 of 778 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1446430
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IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL O'NEILL
IRS990/Form990PartVIISectionAGrp/PersonNm2MARIA DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm3CHAD G GREER
IRS990/Form990PartVIISectionAGrp/PersonNm4LARRY FRAZIER
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUTHULIA GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm6TAMMIE MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm7ANGELA COX
IRS990/Form990PartVIISectionAGrp/PersonNm8LARRY SEIDL
IRS990/Form990PartVIISectionAGrp/PersonNm9LEANN KACZYNSKI
IRS990/Form990PartVIISectionAGrp/PersonNm10ANGELA CHAN
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL PIWETZ
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFFREY KEENE
IRS990/Form990PartVIISectionAGrp/PersonNm13PRESTON PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm14LORETTA WOLSEY
IRS990/Form990PartVIISectionAGrp/PersonNm15DARCY STPEHENS
IRS990/Form990PartVIISectionAGrp/PersonNm16CORBIN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm17TRICIA SMITH
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8778128
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9320031
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10217774
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11184499
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12218721
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13164771
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14166592
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15154699
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16154213
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17142742
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9EVP
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt13SVP MEMBER RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14CRO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CPO
IRS990/Form990PartVIISectionAGrp/TitleTxt16SVP MEMBER ENGAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP LENDING SERVICES
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01934
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0579298
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticOrgsGrp/TotalAmt043683
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt013724533
IRS990/GrossReceiptsAmt056545265
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt022
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01175276
IRS990/InsuranceGrp/TotalAmt0225633
IRS990/InterestGrp/TotalAmt02520755
IRS990/InvestmentIncomeGrp/ExclusionAmt03078999
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03078999
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0137612498
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt096303361
IRS990/IRPDocumentCnt028017
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipAccumDeprecAmt015883128
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027681487
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027259364
IRS990/LandBldgEquipCostOrOtherBssAmt043142492
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt013145235
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ADVOCATE. RELATE. EDUCATE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt062569965
IRS990/NetAssetsOrFundBalancesEOYAmt064015393
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0579298
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0579298
IRS990/NetUnrelatedBusTxblIncmAmt0-31684
IRS990/NetUnrlzdGainsLossesInvstAmt01336674
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02656180
IRS990/OfficeExpensesGrp/TotalAmt02356936
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022174482
IRS990/OtherAssetsTotalGrp/EOYAmt017634367
IRS990/OtherChangesInNetAssetsAmt0-3730729
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01523942
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DEBIT CARD EXPENSES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/TotalAmt03013051
IRS990/OtherExpensesGrp/TotalAmt11583859
IRS990/OtherExpensesGrp/TotalAmt2725593
IRS990/OtherExpensesGrp/TotalAmt3719985
IRS990/OtherLiabilitiesGrp/BOYAmt0608438148
IRS990/OtherLiabilitiesGrp/EOYAmt0620201231
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/BusinessCd2522100
IRS990/OtherRevenueMiscGrp/Desc0SERVICE FEES & MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1INSURANCE, RENT, & OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc2FOREIGN ATM FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013185121
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12435182
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013185121
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12435182
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2103277
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0103277
IRS990/OtherRevenueTotalAmt015723580
IRS990/OtherSalariesAndWagesGrp/TotalAmt011802130
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0444559488
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0459987429
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt01049682
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01529929
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02363425
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02132790
IRS990/PrincipalOfficerNm0LARRY SEIDL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024018153
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024018153
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt093832
IRS990/PYInvestmentIncomeAmt03500961
IRS990/PYOtherExpensesAmt020179643
IRS990/PYOtherRevenueAmt017207397
IRS990/PYProgramServiceRevenueAmt022191175
IRS990/PYRevenuesLessExpensesAmt04546310
IRS990/PYSalariesCompEmpBnftPaidAmt018079748
IRS990/PYTotalExpensesAmt038353223
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt042899533
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt05864402
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt06048399
IRS990/ReconcilationRevenueExpnssAmt03839483
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt064015393
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04011733
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03926864
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt04951071
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt020910846
IRS990ScheduleD/EquipmentGrp/BookValueAmt04281054
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09992420
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014273474
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt039560547
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt05723245
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05723245
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01295290
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0939637
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02234927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0620201231
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt069233288
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt124752000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2600000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31718073
IRS990ScheduleD/OtherSecuritiesGrp/Desc0SECURITIES - AFS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CC PERPETUAL CONTRIBUTED CAPITAL
IRS990ScheduleD/OtherSecuritiesGrp/Desc3NCUA CLF STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$699,427,314
Liabilities
$635,411,921
Net assets
$64,015,393
Revenue
$43,400,030
Expenses
$39,560,547
Net income
$3,839,483
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$783$698$85.0$47.9$45.8$2.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$848$776$72.1$46.4$43.3$3.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$859$795$64.0$39.3$34.3$5.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$863$794$68.6$34.3$30.3$4.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$786$725$60.7$38.0$38.3$0.39
2019Detailed filing. Detailed filing data is available for this year.$699$635$64.0$43.4$39.6$3.84
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$687$624$62.6$42.9$38.4$4.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$700$645$55.1$41.1$38.9$2.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$650$596$53.3$41.4$39.5$1.90
2015Detailed filing. Detailed filing data is available for this year.$633$582$50.9$41.0$35.7$5.29
2014Detailed filing. Detailed filing data is available for this year.$608$559$48.6$37.3$34.8$2.50
2013Detailed filing. Detailed filing data is available for this year.$561$513$48.7$36.6$32.9$3.74
2012Summary only. Only limited summary data is available for this year.$528$487$40.5$35.8$31.3$4.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$482$447$34.7$32.1
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$445$411$34.5$31.3