2019-04-16T11:06:06-05:00 2018-11-30 BKD LLP 3200 Riverfront Drive Suite 200 Fort Worth TX 76107 990 2017-12-01 750457285 National Finance Credit Corporation of Texas % KENNETH K LEIBER NATI 8178824700 410 E Weatherford Street Fort Worth TX 76102 KENNETH K LEIBER President 8178824700 2018-01-15 Alison Williams P00509585 8173322301 167.68.126.162 80538020191065000005 2019-04-16 P EC92066638F735E4CC97857BE29DE36DE0DE500A 1A8941F94A9C0F97BC33935E3BC2155C1741F097 2017 2019-02-21 02:37:17Z KENNETH K LEIBER 410 E Weatherford Street Fort Worth TX 76102 9360699 false X www.nationalfinance.org X 1930 DE PROVIDE LOANS TO LIVESTOCK PRODUCERS. 12 11 14 0 0 0 0 5473202 6630128 412741 510157 59079 2220414 5945022 9360699 0 0 0 0 1824811 1930261 0 0 0 2241310 2871752 4066121 4802013 1878901 4558686 151646715 139316301 105067891 88212256 46578824 51104045 PROVIDE LOANS TO LIVESTOCK PRODUCERS. false false 4802013 6630128 PROVIDE FINANCING FOR LIVESTOCK PURCHASES AND LIVESTOCK OPERATIONS. 4802013 false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 88 0 true 14 true false false false false false false X 12 11 false false false false true true false true true false false true false true true true true false X KENNETH K LEIBER 8178824700 410 E WEATHERFORD FORT WORTH TX 76102 Mr Kenneth K Leiber President 40.0 0.0 X X 423719 0 33041 Mr Crawford Edwards Director 0.5 0.0 X 10000 2000 0 Mr Jon E Means Director 0.5 0.0 X 10000 2000 0 Mr Terry R Mitchell Director 0.5 0.0 X 10000 2000 0 Mr Michael D Smith Director 0.5 0.0 X 10000 2000 0 Mr Robert Thigpen Jr Director 0.5 0.0 X 15000 3000 0 Mr Richard C Traylor Director 0.5 0.0 X 10000 2000 0 Mr G Hughes Abell Director 0.5 0.0 X 0 0 0 Mr Chris Lacy Director 0.5 0.0 X 0 0 0 Mr Michael R Mitchell Director 0.5 0.0 X 0 0 0 Mr Cory Priest Director 0.5 0.0 X 0 0 0 Mr Stanley Schaeffer Director 0.5 0.0 X 10000 2000 0 Paul D Burrough Sr. Vice President & Secy. 40.0 0.0 X 273242 0 34570 Seth Denbow Vice President 40.0 0.0 X 169167 0 39465 John T Harkrider Treasurer 40.0 0.0 X 234273 0 28449 James Lozano Asst. Treasurer 40.0 0.0 X 135436 0 21194 Jeana Roberts Asst. Secretary 40.0 0.0 X 73418 0 12609 1384255 15000 169328 5 false true false 0 0 Interest Income 522100 6630128 6630128 6630128 483357 483357 0 2170592 2170592 49822 0 49822 49822 49822 26800 26800 26800 26800 0 0 0 0 0 0 0 0 0 0 9360699 6630128 2730571 0 0 0 0 1593623 0 133666 34964 78614 89394 0 48085 26000 0 0 0 26994 3842 40322 24130 0 118242 11179 0 16905 2166903 0 57421 20332 DIRECTORS EXPENSE 107334 BANK ACTIVITY CHARGE 44655 FIELDMAN EXPENSE 51250 EQUIPMENT MAINTENANCE 32886 75272 4802013 501928 1361425 0 0 0 0 656907 704349 0 0 0 0 148131829 135081133 0 0 38583 41756 1210167 682211 518441 527956 0 0 1797312 1597967 0 0 0 0 1715 1715 151646715 139316301 729586 789968 0 0 0 0 0 0 0 0 0 0 69632000 40647000 1500000 0 33206305 46775288 105067891 88212256 X 836700 836700 0 0 45742124 50267345 46578824 51104045 151646715 139316301 X 4558686 -33465 X X false true X true false 400000 400000 383435 365383 18052 426732 316828 109904 527956 0 SUBORDINATED DEBT-SAVINGS CERT. 46775288 46775288 9360699 9360699 9360699 4802013 4802013 4802013 X X X X false false false Mr Kenneth K Leiber President 318737 103950 1032 24300 8741 456760 Paul D Burrough Sr. Vice President & Secy. 213920 58290 1032 24300 10270 307812 Seth Denbow Vice President 139227 29700 240 16706 22759 208632 John T Harkrider Treasurer 191241 42000 1032 21107 7342 262722 James Lozano Asst. Treasurer 116101 18975 360 12402 8792 156630 PART I, LINE 5: INCENTIVE PROGRAMS PROVIDE COMPENSATION BASED ON ATTAINMENT OF TARGET NET INCOME AS ONE OF VARIOUS OTHER VARIABLES. FORM 990, PART VI, SECTION A, LINE 6: MEMBERS OR STOCKHOLDERS: NATIONAL FINANCE CREDIT CORPORATION OF TEXAS IS ORGANIZED AS A STOCK CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A: ELECTION OF GOVERNING BODY: THE BOARD OF DIRECTORS IS ELECTED BY THE SHAREHOLDERS. FORM 990, PART VI, SECTION B, LINE 11B: REVIEW OF FORM 990: PRIOR TO ANNUAL FILING WITH THE INTERNAL REVENUE SERVICE, THE IRS FORM 990 WILL BE DISTRIBUTED TO THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 15: DETERMINATION OF COMPENSATION: PRESIDENT COMPENSATION REVIEW EACH YEAR THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS SHALL REVIEW AND SET THE COMPENSATION OF THE PRESIDENT. THE COMPENSATION PACKAGE WILL BE REVIEWED PERIODICALLY BY AN INDEPENDENT PROFESSIONAL. THE REVIEW SHALL INCLUDE COMPARABLE DATA OF SALARIES. EMPLOYEE COMPENSATION REVIEW THE COMPENSATION OF EMPLOYEES OF THE COMPANY SHALL BE REVIEWED AND SET AT LEAST ANNUALLY BY THE PRESIDENT. THE EXECUTIVE COMMMITTEE OF THE BOARD OF DIRECTORS SHALL PROVIDE GUIDANCE FOR COMPENSATION AND BENEFITS OF OTHER OFFICERS. THE EXECUTIVE COMMITTEE SHALL ALSO REVIEW AND SET ANY EMPLOYEE INCENTIVE OR PROFIT SHARING PLAN ANNUALLY. TO ENSURE COMPETITIVE AND APPROPRIATE COMPENSATION OF OFFICERS AND EMPLOYEES, AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION SURVEYS OR STUDIES SHOULD BE UTILIZED ON A PERIODIC BASIS. FORM 990, PART VI, SECTION C, LINE 19: AVAILABILITY OF FORMS TO THE PUBLIC: GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN NET ASSETS: COMMON STOCK DIVIDENDS PAID -33,468 ROUNDING 3 NET -33,465 FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT ON THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED IN THE PAST YEAR. Texas Livestock Marketing Association PO Box 2145 Fort Worth TX 76113 750604940 Agri co-op TX 521 n/a na false false false false false true false false false false false false false false true true false true true false Texas Livestock Marketing Association E 24785568 Loan documentat Texas Livestock Marketing Association O 177284 Actual Amt Texas Livestock Marketing Association R 365984 Actual Amt