Financial Report
Access our most recent annual report and monthly statement of financial condition.
DNCU operates from a position of strength, stability and success
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Five Star Rating
We have a solid balance sheet and an excellent capital position which has earned us the highest five-star rating from BauerFinancial Inc., the nation’s most well-known independent rating service for banks and credit unions for 71 consecutive quarters as of September 30, 2021.
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Healthiest In America
We are ranked in the 2020 Top 200 Healthiest Credit Unions in America by DepositAccounts.com and graded A+ as of Q4 2020. The high ranking is based on capitalization, deposit growth, and loan-to-reserve ratios, among other factors.
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Superior Performance
We were also recognized by IDC Financial Publishing, the nation’s leading analysts of all government-reporting financial institutions, with their highest rating of “superior.”
For further information, refer to bauerfinancial.com, depositaccounts.com or idcfp.com.
Del Norte Credit Union Statement Of Financial Condition
For The Period Ending December 31, 2021
|
Loans |
$627,123,034 |
|
Cash |
$142,690,528 |
|
Investments |
$137,904,190 |
|
Fixed Assets |
$28,455,053 |
|
Other Assets |
$30,320,314 |
|
Total Assets |
$966,493,119 |
|
Total Liabilities |
$8,831,319 |
|
Total Shares |
$865,234,014 |
|
Total Equity |
$92,427,786 |
|
Total Liabilities and Equity |
$966,493,119 |
|
Interest Income |
$26,424,873 |
|
Interest Expense |
$ (1,527,224) |
|
|
|
|
Net Interest Margin |
$24,897,649 |
|
Fee and Other Income |
$ 9,542,216 |
|
|
|
|
Income Before Operating Expenses |
$34,439,866 |
|
Operating Expenses |
$(27,693,251) |
|
Provision for Loan & Share Losses |
$(419,709) |
|
|
|
|
Net Operating Income |
$6,326,906 |
|
Non-Operating Expense |
$614,289 |
|
|
|
|
Net Income |
$6,941,195 |
DNCU is proud to present our 2020 Annual Report
Read about our performance in 2020 and our exciting plans for the future.
You might also be interested in:
Our Leadership
Meet the leadership team that is committed to the outstanding performance of your credit union.
Who We Are
Learn about us, our mission and how we strive every day to provide outstanding performance and service for our members.
Join DNCU today or get more information
505-455-5228 or
(877) 818-3628 toll-free.
Disclosures
For further information refer to the NCUA Web site http://www.ncua.gov and use charter #64759 to pull additional financial reports for Del Norte Credit Union.