Overview / Commentary
Southern Pine Credit Union is headquartered in Valdosta and is the 43rd largest credit union in the state of Georgia. It is also the 2,720th largest credit union in the nation. It was established in 1991 and as of December of 2022, it had grown to 5 employees and 1,389 members at 2 locations. Southern Pine Credit Union has a B health rating.
Health
B
Data as of Q4 2022
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Southern Pine Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67403 |
| Year Chartered | 1991 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.84% |
| Return on Equity - YTD | 9.56% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $39.8MM$42.0MM |
| Loans | Q4 2022vs Q4 2021 | $21.9MM$23.8MM |
| Deposits | Q4 2022vs Q4 2021 | $35.8MM$38.5MM |
| Equity Capital | Q4 2022vs Q4 2021 | $3.6MM$3.2MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $142.00K$183.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $68.00K$180.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |