Main Office
183 E. Price Road
Brownsville, Texas 78521
Get Directions
Tel. (956) 546-3108
Fax: (956) 544-5404
Harlingen Branch
1613 W. Filmore
Harlingen, Texas 78550
Get Directions
Tel. (956) 425-5668
Fax: (956) 425-4320
North Branch
100-A Alton Gloor Blvd.
Brownsville, Texas 78521
Get Directions
Tel. (956) 546-3108
Los Fresnos Branch
Los Fresnos High School
(Open only to students & staff)
907 N. Arroyo
Los Fresnos, Texas 78566
Get Directions
Tel. (956) 546-3108
Audio line
1 (800) 786 3137
Statement of Financial Condition
| Balance Sheet | |||
|---|---|---|---|
| Assets | 2004 | 2005 | 2006 |
| Loans to Members | 17,241,904 | 19,163,580 | 21,134,859 |
| Loan Losses | -152,846 | -126,796 | -186,620 |
| Investments | 9,947,645 | 10,884,130 | 10,998,326 |
| Cash | 3,804,947 | 2,783,579 | 1,915,432 |
| Other Assets | 2,953,804 | 2,936,081 | 2,823,823 |
| Total Assets | 33,795,454 | 35,640,574 | 36,685,819 |
| Statement of Income | |||
|---|---|---|---|
| Assets | 2004 | 2005 | 2006 |
| Loan Interest Income | 1,471,731 | 1,557,225 | 1,860,713 |
| Investment Income | 250,918 | 340,663 | 573,268 |
| Other Income | 1,117,348 | 1,200,389 | 1,250,672 |
| Total Income | 2,842,002 | 3,100,281 | 3,684,653 |
| Statement of Exepenses | |||
|---|---|---|---|
| Operating Expenses | 2,265,139 | 2,449,809 | 2,668,050 |
| Dividends Paid | 276,406 | 353,252 | 515,760 |
| Non-operating expenses | 0 | 0 | 0 |
| Required reserves | 0 | 0 | 0 |
| Total Expenses | 2,541,545 | 2,803,061 | 3,183,809 |
| NET INCOME | 300,457 | 297,221 | 500,844 |
