2024 FINANCIAL PERFORMANCE
UNAUDITED
2024
2023
2022
2024
2023
2022
STATEMENT OF FINANCIAL CONDITION
INCOME AND EXPENSES
ASSETS Cash and Other Deposits Total Investments Total Loans to Members Allowance for Credit Losses on Loans Land & Building Other Fixed Assets NCUSIF
INCOME STATEMENT Year Ending Interest Income Interest on Loans Interest on Investments TOTAL INTEREST INCOME Interest Expense Dividends Paid to Members Interest on Borrowed Money TOTAL INTEREST EXPENSE NET INTEREST INCOME TOTAL CREDIT LOSS EXPENSE
21,642,979 61,999,707 638,500,132 (4,274,864) 2,446,774 1,337,845 5,359,256 20,602,721 747,614,550
38,331,871 68,027,563 594,783,836 (3,781,433) 2,169,577 1,546,612 5,602,202 19,322,616 726,002,844 7,835,063 22,993 40,893 10,250,000 660,899,076 679,048,025 53,587,708 (6,632,889) 46,954,819 726,002,844
36,577,187 71,024,118 602,137,653 (2,358,902) 2,280,080 1,675,935 5,107,308 18,426,013 734,869,392 7,272,569 0 0 84,500,000 596,131,681 687,904,250 52,642,364 (5,677,222) 46,965,142 734,869,392
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
33,563,828 2,415,852 35,979,680 10,594,934 175,296 10,770,230 25,209,450 5,410,225 3,028,364 3,210,406 725,448 0 1,523 6,965,741 12,080,675 444,061 1,008,463 5,998,049 866,292 2,081,851 1,502,433 89,050 332,883 24,403,757 2,361,209
28,075,488 1,525,891 29,601,379 6,286,736 1,249,362 7,536,098 22,065,281 5,730,756 3,032,540 5,696,584 816,943 0 0 9,546,067 11,718,623 338,955 1,125,394 6,039,114 749,061 1,971,454 1,555,734 87,507 430,307 24,016,149 1,864,443
20,813,539 1,357,013 22,170,552 795,524 840,740 1,636,264 20,534,288 2,554,440 3,679,306 3,895,497 (1,540,717) 0 0 6,034,086 11,291,404 281,892 1,063,322 5,592,696 833,033 1,679,807 2,144,524 81,250 338,014 23,305,942 707,992
All Other Assets TOTAL ASSETS
LIABILITIES Accounts Payable & Other Liabilities
7,395,600 0 79,810 2,750,000
Non-Interest Income Fee Income Other Income Gain (Loss) on Equity and Trading Debt Securities Gain (Loss) on Disposition of Assets Gain (Loss) on Sales of Loans and Leases TOTAL NON-INTEREST INCOME Non-Interest Expense Employee Compensation & Benefits Travel, Conference Expense Office Occupancy
Accrued Dividends & Interest Payable on Shares & Deposits Allowance for Credit Loss on Off-Balance Sheet Credit Exposures Notes Payable Total Shares & Deposits TOTAL LIABILITIES
686,358,193 696,583,603
Undivided Earnings Other Reserves TOTAL EQUITY TOTAL LIABILITIES, SHARE & EQUITY
55,948,917 (4,917,970) 51,030,947 747,614,550
Office Operation Expense Educational and Promotion Loan Servicing Expense Professional, Outside Services Operating Fees Miscellaneous Non-Interest Expense TOTAL NON-INTEREST EXPENSE NET INCOME (LOSS)
Financials have been reformatted to align with the 5300 Call Reports.
10
11
Made with FlippingBook - Online catalogs