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PROFED

Headquarters ,
Main Phone (260) 373-1633
Credit Union Number # 17012
Total Assets $681,844,352
Reporting Date Q3 2023
Last updated Sep 2023

Locations

PROFED REO and Foreclosed Assets

Foreclosed and Repossessed Assets Amount
Consumer Real Estate $45,440
Consumer Vehicles $42,825
Consumer Other $0
Commercial $0
Total Foreclosed and Repossessed Assets $88,265

PROFED Capital

Well Capitalized Amount
Total Assets $681,844,352
Less: Allowance for Loan & Lease Losses $1,839,833
Allowance for Losses on All Real Estate Loans $0
Provision for Loan & Lease Losses $450,000
Total Loans and Leases $475,161,408

PROFED's Late and Non-Performing Loan Portfolios

Troubled Loans Overview Number Amount
Loans Held for Sale - $579,300
Real Estate Loans Sold with Servicing Retained - $0
Total Outstanding Troubled Debt Restructured Loans 13 $65,914

Unsecured Credit Cards

30-59 days late
$42,926
60-89 days late
$19,451
90-179 days late
$42,757
180-360 days late
$1,547
360+ days late
$0
TOTAL
$106,681

Vehicles

New Vehicles

30-59 days late
$14,339
60-89 days late
$0
90-179 days late
$26,766
180-360 days late
$0
360+ days late
$0
TOTAL
$41,105

Old Vehicles

30-59 days late
$727,287
60-89 days late
$91,911
90-179 days late
$13,918
180-360 days late
$27,629
360+ days late
$0
TOTAL
$860,745

1st Lien (Previously 1st Mortgage)

1st Lien (Previously 1st Mortgage)

30-59 days late
$0
60-89 days late
$153,658
90-179 days late
$156,848
180-360 days late
$54,092
360+ days late
$0
TOTAL
$364,598

1st Lien Loans || Rate Types and Terms

Fixed Rate > 15 years
$166,511,056
Fixed Rate <= 15 years
$28,592,690
Balloon / Hybrid > 5 years
$12,037,390
Balloon / Hybrid <= 5 years
$13,571,004
Adjustable Rate <= 15 years
$32,497
TOTAL
$220,744,637

Junior Liens (Previously Junior RE)

30-59 days late
$88,941
60-89 days late
$0
90-179 days late
$151,448
180-360 days late
$22,577
360+ days late
$0
TOTAL
$262,966

All Other Loans

All Other Non-Real Estate Loans

30-59 days late
$6,508
60-89 days late
$43,230
90-179 days late
$0
180-360 days late
$0
360+ days late
$0
TOTAL
$49,738

All Other Unsecured Loans

30-59 days late
$12,696
60-89 days late
$5,246
90-179 days late
$11,737
180-360 days late
$6,713
360+ days late
$0
TOTAL
$36,392

PROFED Portfolio Info

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PROFED NCUA Call Report

All of the portfolio and financial information in our reports is pulled directly from NCUA. We take updates from the federal reporting database for all US credit unions.

PROFED Foreclosures and Non-Performing Loans

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