Condensed Statement of Financial Condition Assets 12/31/18
Total Assets
12/31/19 72,368,576 514,574,336 44,892,866 54,446,297 (5,411,634) 158,652,059 7,079,959 30,855,686 877,458,145 750,225,827 52,047,928 61,021,490 760,654 13,402,246 877,458,145 26,135,460 5,416,026 21,488,498 53,039,983 (18,958,457) (28,824,936) (4,022,652) 81,386 1,315,324 (3,872,500) (2,557,176)
Cash, prepaids, receivables & other assets....$ Regular loans to members.................................. Visa ® loans to members....................................... Purchased loans..................................................... Less allowances for loan losses......................... Investments............................................................. NCUA Share Insurance Fund.............................. Fixed assets (net)................................................... Total Assets ...............................................$ Liabilities and Equity Shares of members..............................................$ Reserves................................................................... Undivided earnings............................................... Unrealized gain/(loss) on AFS Investments.... Other liabilities...................................................... Total Liabilities & Equity ........................$ Proft and Loss Analysis Interest from loans .............................................$ Interest from investments.................................. Other income.......................................................... Total Income ..............................................$ Compensation & benefit expenses.................$ Office operating costs.......................................... Education and promotion.................................. Other non-operating income (expense)......... Available for dividends........................................ Less dividends paid............................................. Net Income ................................................$
67,118,735 487,325,533 43,727,623 25,063,367 (4,649,454) 164,618,015 6,864,469 28,709,473 818,777,760 696,521,851 52,038,128 63,578,666 (4,633,718) 11,272,833 818,777,760 24,062,638 5,231,654 21,390,123 50,684,415 (18,567,201) (23,152,713) (2,478,825) 0 6,485,676 (2,532,227) 3,953,449
$877,458,145
$818,777,760
2019 2018
Loans
$613,913,499
$555,721,673
2019 2018
Shares
$750,225,827
$696,521,851
2019 2018
Net Income
($2,557,176)
$3,953,449
0
2019 2018
Share Certificates: 17%
Other Loans: 11%
Auto Loans: 33%
Checking: 30%
Unsecured Visa: 10%
IRA: 5%
HELOC/2nd Mortgage: 3%
Regular Shares: 22%
Residential Mortgage: 44%
Money Market: 26%
Share Portfolio
Loan Portfolio
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