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Financials

Here's how we're doing.

Statement of Financial Condition

March 31, 2018

Assets
Loans (net) $415,183,611
Cash $48,019,975
Investments $32,120,334
Fixed Assets $17,021,223
NCUSIF $4,318,716
Other Assets $17,171,773
Total Assets $533,835,632

 

Liabilities, Equity, and Retained Earnings
Liabilities and Member Shares
Accounts and Dividends Payable $5,648,320
Member Shares $469,422,208
Total Liabilities and Member Shares $475,070,528
Equity
Reserves $2,353,142
Unrealized Gains/(Losses) Investments $(695,696)
Other Comprehensive Income/(Loss) $(4,215,631)
Undivided Earnings $61,323,289
Total Equity $63,676,431
Total Liabilities, Equity, and Retained Earnings $533,835,632

 

Statement of Income

Statement of Income
Interest Income $4,909,595
Interest and Dividend Expense $943,022
Net Interest Income $3,966,573
Provision for Loan Losses $345,000
Net Interest Income after Provision for Loan Losses $3,621,573
Non-Interest Income $2,524,461
Non-Interest Expense $4,397,797
Net Income $1,748,237