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LAFCU

Headquarters ,
Main Phone (517) 622-6600
Credit Union Number # 68632
Total Assets $1,019,197,632
Reporting Date Q3 2023
Last updated Sep 2023

Locations

LAFCU REO and Foreclosed Assets

Foreclosed and Repossessed Assets Amount
Consumer Real Estate $47,728
Consumer Vehicles $1,538,435
Consumer Other $0
Commercial $0
Total Foreclosed and Repossessed Assets $1,586,163

LAFCU Capital

Well Capitalized Amount
Total Assets $1,019,197,632
Less: Allowance for Loan & Lease Losses $0
Allowance for Losses on All Real Estate Loans $0
Provision for Loan & Lease Losses $0
Total Loans and Leases $807,794,496

LAFCU's Late and Non-Performing Loan Portfolios

Troubled Loans Overview Number Amount
Loans Held for Sale - $0
Real Estate Loans Sold with Servicing Retained - $0
Total Outstanding Troubled Debt Restructured Loans 79 $632,979

Unsecured Credit Cards

30-59 days late
$1,443,966
60-89 days late
$355,428
90-179 days late
$348,675
180-360 days late
$31,863
360+ days late
$0
TOTAL
$2,179,932

Student Loans (Non-Guaranteed)

30-59 days late
$0
60-89 days late
$348
90-179 days late
$1,866
180-360 days late
$178
360+ days late
$0
TOTAL
$2,392

Vehicles

New Vehicles

30-59 days late
$1,693,178
60-89 days late
$389,777
90-179 days late
$196,428
180-360 days late
$152,552
360+ days late
$0
TOTAL
$2,431,935

Old Vehicles

30-59 days late
$13,026,349
60-89 days late
$3,840,933
90-179 days late
$3,033,993
180-360 days late
$1,724,532
360+ days late
$52,568
TOTAL
$21,678,375

1st Lien (Previously 1st Mortgage)

1st Lien (Previously 1st Mortgage)

30-59 days late
$1,305,674
60-89 days late
$138,631
90-179 days late
$196,706
180-360 days late
$182,734
360+ days late
$0
TOTAL
$1,823,745

1st Lien Loans || Rate Types and Terms

Fixed Rate > 15 years
$67,504,800
Fixed Rate <= 15 years
$40,645,187
Balloon / Hybrid > 5 years
$15,390,309
Balloon / Hybrid <= 5 years
$241,886
Adjustable Rate <= 15 years
$1,185,395
TOTAL
$124,967,577

Junior Liens (Previously Junior RE)

30-59 days late
$132,164
60-89 days late
$0
90-179 days late
$0
180-360 days late
$0
360+ days late
$0
TOTAL
$132,164

All Other Loans

All Other Non-Real Estate Loans

30-59 days late
$595,531
60-89 days late
$127,963
90-179 days late
$64,751
180-360 days late
$134,723
360+ days late
$0
TOTAL
$922,968

All Other Unsecured Loans

30-59 days late
$543,497
60-89 days late
$146,190
90-179 days late
$148,715
180-360 days late
$752
360+ days late
$0
TOTAL
$839,154

LAFCU Portfolio Info

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LAFCU NCUA Call Report

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LAFCU Foreclosures and Non-Performing Loans

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