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Financials

Here's how we're doing.

Statement of Financial Condition

July 31, 2017

Assets
Loans (net) $388,032,353
Cash $36,075,394
Investments $36,086,774
Fixed Assets $14,250,352
NCUSIF $4,036,719
Other Assets $20,038,792
Total Assets $498,520,383

 

Liabilities, Equity, and Retained Earnings
Liabilities and Member Shares
Accounts and Dividends Payable $7,082,459
Member Shares $436,758,648
Total Liabilities and Member Shares $443,841,107
Equity
Reserves $2,353,142
Unrealized Gains/(Losses) Investments $(197,939)
Other Comprehensive Income/(Loss) $(3,721,772)
Undivided Earnings $56,245,845
Total Equity $58,598,987
Total Liabilities, Equity, and Retained Earnings $498,520,383

 

Statement of Income

Statement of Income
Interest Income $8,817,499
Interest and Dividend Expense $1,568,372
Net Interest Income $7,249,127
Provision for Loan Losses $600,000
Net Interest Income after Provision for Loan Losses $6,649,127
Non-Interest Income $4,407,489
Non-Interest Expense $8,159,190
Net Income $2,897,426